Cato Networks

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Cato Networks
IndustryWLAN
Founded2015
HeadquartersFlag of Israel.svg Tel Aviv, Israel
Key people
Shlomo Kramer, Founder, CEO
ProductsSecure Access Service Edge Platform, Internet backbone, SD-WAN, End point security, Software Defined Perimeters, Unified communications as a service
Number of employees
400 (2021)[1]

Cato Networks, Ltd. is an Israeli Secure Access Service Edge (SASE) company. The company's core product converges SD-WAN and network security into a cloud-native service. The company designs cloud services that migrate from MPLS to SD-WAN, as well as a private backbone, security as a service and cloud access services. The converged SASE platform provides secure connectivity that covers enterprise branch locations, cloud infrastructure and mobile users. In 2021 Cato was valued at $1 billion.[2] The company's international headquarters is located in Tel Aviv, with development centers in USA, Israel, UK, Singapore, Japan , Netherlands and Australia . Cato has approximately 400 employees worldwide.[3]

History

Cato Networks was founded in 2015 by Shlomo Kramer, a former co-founder of Check Point and Imperva, and Gur Shatz, a former co-founder of Incapsula. The company launched its first service, Cato Cloud in the first quarter of 2016, and released an SD-WAN focused upgrade in the first quarter of 2017. Cato added an IPS as a service in the third quarter of 2017.

During 2019 the company launched its new line of SASE based products, among them "Cato SPACE"[4] and "Cato Socket".[5]

In 2020 the company completed 2 rounds of investment led by Lightspeed Venture Partners and it was valued as a finance unicorn.[6]

Products

Cato Cloud is a converged SD-WAN and security platform delivered as a cloud-native service. It connects branch locations, mobile users, and physical and cloud data centers, into a global and secure network.The Cato SASE platform has many security services. They are built directly into the cloud network and are a tightly integrated software stack.

Cato Cloud is made of two parts.

Cato SASE Cloud : A global, geographically distributed, SLA-backed cloud service, running on a private backbone of PoPs, interconnected by multiple tier-1 providers. Enterprises connect physical locations to Cato using the Cato Socket SD-WAN device, data centers connect via IPSEC tunnel or a Cato vSocket, and remote users connect via the Cato SDP Client or a browser.

Cato Security Services: A set of network security capabilities, directly built into the network. Current services include a next-gen firewall, Secure Web Gateway, next-generation anti-malware, IPS-as-a-Service, and managed detection and response (MDR).

The network is managed by a cloud-based management application used to configure policies and monitor network activity and security events.

Recognition

Recognition from industry analysts for Cato Networks include:

  • 2017 Gartner Cool Vendor for Midsize Enterprise Security[7]
  • RSA Innovation Sandbox finalist[8]
  • 25 Coolest Network Security Vendors[9]
  • Cato Networks Wins UX Award For Design Of SD-WAN Management Application[10]

In July 2019 Gartner included Cato Networks in its Hype Cycle for Enterprise Networking 2019.[11] Gartner[12] introduced a new category called the Secure Access Service Edge (SASE). SASE is defined as the convergence of the WAN Edge and Network Security into a single cloud-based platform.[13]

References

  1. "SASE Specialist Cato Networks, Valued At $1B, Secures Record Funding Round". https://www.crn.com/news/networking/sase-specialist-cato-networks-valued-at-1b-secures-record-funding-round. 
  2. "Cato Networks valued at $1b as it raises $130m more". https://en.globes.co.il/en/article-cato-networks-valued-at-1b-as-it-raises-130m-more-1001349924. 
  3. "Cato Networks, Fresh Off $130 Million Funding Round, Eyes ‘Aggressive Expansion’". https://www.channelfutures.com/sdn-sd-wan/cato-networks-fresh-off-130-million-funding-round-eyes-aggressive-expansion. 
  4. "Cato Ribs Palo Alto Networks, Other SASE Imposters". https://www.sdxcentral.com/security/sase/definitions/what-is-cato-%20networks-sase-platform/. 
  5. "What is the Cato Networks SASE Platform?". https://www.sdxcentral.com/security/sase/definitions/what-is-cato-%20networks-sase-platform/. 
  6. "Shlomo Kramer’s Cato Networks completes $130 million funding round". https://www.calcalistech.com/ctech/articles/0,7340,L-3873311,00.html. 
  7. Media, Scratch Marketing +. "Cato Networks Named a Cool Vendor by Gartner in Security for Midsize Enterprises" (in en-US). GlobeNewswire News Room. https://globenewswire.com/news-release/2017/06/06/1060508/0/en/Cato-Networks-Named-a-Cool-Vendor-by-Gartner-in-Security-for-Midsize-Enterprises.html. 
  8. "Innovation Sandbox Contest - Security Conference - US 2017 | RSA Conference" (in en). https://www.rsaconference.com/events/us17/agenda/innovation-sandbox-contest. 
  9. Kuranda, Sarah (2017-03-06). "2017 Security 100: 25 Coolest Network Security Vendors" (in en). CRN. https://www.crn.com/slide-shows/security/300084000/2017-security-100-25-coolest-network-security-vendors.htm/pgno/0/4?itc=most_pop. 
  10. "Cato Networks Wins UX Award for Design of SD-WAN Management Application - Cato Networks" (in en-US). https://www.catonetworks.com/news/cato-networks-wins-ux-award-for-design-of-sd-wan-management-application/. 
  11. "Gartner Hype Cycle for Enterprise Networking 2019 (subscription required)". https://www.gartner.com/account/signin?method=initialize&TARGET=http%253A%252F%252Fwww.gartner.com%252Fdocument%252F3947237. 
  12. "Hype Cycle for Enterprise Networking, 2019" (in en). https://www.gartner.com/en/documents/3947237/hype-cycle-for-enterprise-networking-2019. 
  13. "The Secure Access Service Edge (SASE) as Described in Gartner’s Hype Cycle for Enterprise Networking, 2019" (in en). https://www.catonetworks.com/blog/the-secure-access-service-edge-sase-as-described-in-gartners-hype-cycle-for-enterprise-networking-2019/. 

External links





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