LightSpeed Venture Partners led a $238m Series funding round in Cato Networks.

LightSpeed Venture Partners, a venture capital firm, led a $238m Series funding round in Cato Networks,a provider of a single-vendor SASE platform, with participation from Adams Street Partners, Softbank Vision Fund 2, Sixty Degree Capital, and Singtel Innov8. "Lightspeed has a proven track record of supporting innovative companies that successfully disrupted and transformed huge legacy markets. I am excited to join Cato's board of directors to help guide the company towards its next phase of growth as it continues to expand its product offerings and scales global sales, marketing, and branding," Ravi Mhatre, LightSpeed Venture Partners Founder and Managing Director.