Cato Networks, a Tel Aviv, Israel-based provider of software-defined and cloud-based network with built-in enterprise security, raised $30M in series B funding round.
The round was led by Greylock Partners, with participation from Singtel Innov8 and existing investors U.S. Venture Partners (USVP), Aspect Ventures and the company’s founders, Shlomo Kramer and Gur Shatz.
The company intends to use the funds to expand its solution globally.
Founded in 2015, Cato Networks provides organizations with the Cato Cloud, a software-defined and cloud-based secure enterprise network connecting all enterprise locations, people and data.
The Cato Cloud enables elimination of distributed networking and security appliances, reduces MPLS connectivity costs by dynamically offloading internet and WAN traffic to resilient internet links, ensures access to the internet at all remote locations, leverages low-latency and global WAN between enterprise locations, enforces a unified policy across remote locations, mobile users, and physical and cloud infrastructure without using multiple point solutions, and strengthens security posture with an agile, scalable and adaptable network security platform.
FinSMEs
13/09/2016