A Tel Aviv-based cybersecurity unicorn announced on Monday that it has raised $359 million in funding, bringing its valuation to over $4.8 billion.
The Israeli tech firm Cato Networks offers enterprise security and networking through a single cloud platform. Founded a decade ago by Shlomo Kramer, co-founder of Checkpoint and Imperva, and Gur Shatz, a co-founder of Incapsula, the company has become a prominent player in the cybersecurity industry.
The latest funding for the company was led by the London-based Vitruvian Partners and Israeli growth fund ION Crossover Partners, along with existing investors including California-based Lightspeed Venture Partners, Acrew Capital, and Chicago-based Adams Street Partners.
The boost for the Israeli cybersecurity industry comes just weeks after Israeli data security startup Cyera announced it had raised $540 million in a private funding round, doubling its valuation to $6 billion over the past seven months.
Israeli tech firms received more than $9 billion in private funding in the first half of 2025, the strongest six-month period of the last three years, an Israeli nonprofit promoting innovation said on Monday.
The peak year for foreign investment in Israeli high-tech was 2021, with over $30 billion in funding.
Last week, the Israeli fintech startup Melio was acquired for $3 billion by New Zealand’s accounting software giant Xero.
