Cato Networks

Cato Networks operates in the Secure Access Service Edge (SASE) market, offering a vertically integrated platform that unifies networking and security into a single software layer. It targets infrastructure complexity driven by hybrid work and cloud adoption. As of July 2024, it has surpassed $250 million in ARR with more than 2.5K enterprise customers and a valuation of over $4.8 billion. The key question is whether Cato’s single-vendor approach can keep up with product expansion and enterprise requirements at scale.