SASE startup, Cato Networks has raised $77 million in its largest funding round to date and taking the total investment to over $200 million till today. The latest round of investment led by Lightspeed Venture Partners with the participation of Aspect Ventures, Greylock Partners, Singtel Innov8, U.S. Venture Partners (USVP), and Shlomo Kramer.

The company experienced an incredible year that saw a 220% increase in bookings and a very strong first quarter of 2020.

“This round of financing is a testament to the unique value Cato delivers to customers even under the most difficult business conditions. The global pandemic has disrupted business-as-usual and underscored the need for an adaptable infrastructure,” says Shlomo Kramer, CEO and co-founder of Cato Networks. “While many companies struggle to enable work-from-home remote access to all employees, Cato customers only had to flip-a-switch. That’s the power of one converged global network and security platform enabling enterprises to be ready for whatever’s next.”

Unlike legacy networks built from multiple point-solutions and telco services, Cato connects and secures the entire enterprise – remote users, sites, applications, and clouds with a global cloud service. Cato is the first true implementation of Gartner’s Secure Access Service Edge (SASE) framework that describes an architecture that converges SD-WAN and network security for all enterprise “edges” into the cloud. Cato was recognized as a “Sample Vendor” in the SASE category of Gartner’s Hype Cycle for Enterprise Networking, 2019.

“Cato revolutionizes the way IT thinks about networking and security. The convergence of these two categories is a paradigm shift that completely transforms the IT cost-benefit model,” says Yoni Cheifetz, Partner at Lightspeed. “It’s why Cato routinely displaces legacy telco services and appliance-based solutions in enterprises of all sizes. We believe Cato is uniquely positioned to disrupt the global market for security, networking, and access with an architecture that is unmatched by any other solution available today.”