Cato Networks Announces Strategic Investment from Swisscom Ventures
TEL AVIV, Israel, December 07, 2021 โโฏโฏCato Networks, provider ofโฏthe worldโs first SASE platform, announced today a strategic investment by Swisscom Ventures. The announcement follows last monthโs $200M round at a market valuation of $2.5 billion. The Swisscom Ventures investment further underscores the growing interest communications service providers (CSPs) are showing in the massive SASE opportunity as it converges the markets for SD-WAN, NGFW, SWG, CASB, and ZTNA.
โWe are excited to welcomeโฏSwisscomโฏVentures as an investor,โย saidย Shlomo Kramer, CEO and co-founder of Cato Networks. โCato sees CSPs as strategic partners in our journey to transform and optimize the way organizationsย deliverย networking and securityย capabilities to their employees worldwide.โย
โCato Networks isย theย global leaderย inย SASE,โ saidย Stefanย Kuentz, Partnerย at Swisscom Ventures.ย โBuilding SASE capabilities is a strategic initiative for communication service providers, and we are delighted to support Catoโs mission to accelerate SASE adoption by customers and partners alike.โย
The investment from Swisscom Ventures is the latest example of the synergies between CSPs and Cato. Last December, Cato automated SASE provisioning and monitoring with the Cato Cloud API. The API enabled CSPs and MSPs to integrate Cato into their service portfolio. And in April, KDDI announced the worldwide delivery of Catoโs cloud-native SASE services.
As enterprises shift to a more distributed workforce accessing resources both in the cloud and private datacenters, IT leaders are increasingly looking for a single solution to connect and secure all offices, mobile users, and applications without compromising on performance or uptime. The Internet alone is too unpredictable to meet those requirements. Many are turning to CSPs for a solution not just in one region but across the globe.
Cato SASE Cloud offers CSPs a revolutionary architecture to capitalize on this immediate market opportunity. The Cato global cloud service spans more than 65 PoPs worldwide, delivering the full scope of Catoโs converged networking and security services into more than 190 countries. With Cato, CSPs can quickly meet the demand for WAN transformation, global connectivity, secure branch Internet access, optimized secure remote access, work from home, and cloud and multicloud connectivity with a single cloud-native platform. Catoโs radical simplicity allows CSPs to realize markedly better operating efficiency than when using any other offering on the market.
To learn more about the incredible power of SASE and Cato Networks, visitโฏus atโฏhttps://www.catonetworks.com.
About Cato Networks
Cato is the worldโs first SASE platform, converging SD-WAN and network security into a global, cloud-native service. Cato optimizes and secures application access for all users and locations. Using Cato, customers easily migrate from MPLS to SD-WAN, optimize connectivity to on-premises and cloud applications, enable secure branch Internet access everywhere, and seamlessly integrate cloud datacenters and mobile users into the network with a zero-trust architecture. With Cato, the network, and your business, are ready for whateverโs next.