Israel’s Cato networks raises $359 million, valued at more than $4.8 billion

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Synopsis

New investors, including Vitruvian Partners and ION Crossover Partners, as well as existing investors, including Lightspeed Venture Partners, Acrew Capital, and Adams Street Partners, participated in the financing round.

Image for Israel's Cato networks raises $359 million, valued at more than $4.8 billionReuters
Israeli cybersecurity firm Cato Networks said on Monday it raised $359 million in a late stage private funding round that it said values the company at more than $4.8 billion.

New investors, including Vitruvian Partners and ION Crossover Partners, as well as existing investors, including Lightspeed Venture Partners,…



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Israel’s Cato networks raises $359 million, valued at more than $4.8 billion


Synopsis

New investors, including Vitruvian Partners and ION Crossover Partners, as well as existing investors, including Lightspeed Venture Partners, Acrew Capital, and Adams Street Partners, participated in the financing round.

Image for Israel's Cato networks raises $359 million, valued at more than $4.8 billionReuters
Israeli cybersecurity firm Cato Networks said on Monday it raised $359 million in a late stage private funding round that it said values the company at more than $4.8 billion.

New investors, including Vitruvian Partners and ION Crossover Partners, as well as existing investors, including Lightspeed Venture Partners,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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