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Cato Networks Grew ARR 46% to More than $250 Million in 2024
Wednesday, February 26, 2025
3,000+ businesses trust SASE leader's cloud platform to connect and secure their enterprises
TEL AVIV, Israel, Feb. 18, 2025 /PRNewswire/ -- Cato Networks, the SASE leader, announced that its 2024 annual recurring revenue (ARR) surpassed $250 million, an increase of 46% compared to 2023. Today, more than 3,000 businesses have adopted the Cato SASE Cloud Platform to transform the way their organizations connect and secure their global operations.
"The market has spoken, and the era of cobbled-together security solutions is over," said Shlomo Kramer, Co-Founder and CEO at Cato Networks. "With our 46% growth to more than $250 million ARR in 2024, we believe we have the highest ARR growth at scale in the SASE and network security categories. Our expansion to 3,000+ customers proves that enterprises of all sizes are ready to break free from legacy infrastructure."
"We're not just taking share," continued Kramer. "We're redefining how organizations connect and secure their operations, as AI and cloud transform the security landscape."
2024 Business Highlights
-- Cato announced five major expansions of the Cato SASE Cloud Platform in
2024, allowing for greater consolidation of networking and security
capabilities for customers.
-- Cato XDR and Cato EPP in January, Cato MSASE in June, Cato DEM in
October, and Cato IoT/OT Security in December.
-- Cato was named a Leader in the 2024 Gartner® Magic Quadrant(TM) for
Single-Vendor SASE.
-- Cato debuted on the 2024 Forbes Cloud 100, an annual ranking of the top
100 private cloud companies in the world.
-- Cato expanded its Board of Directors with the addition of two industry
leaders.
-- Eyal Waldman, chairman of Waldo Holdings and former CEO of Mellanox
Technologies.
-- Gili Iohan, general partner at ION Crossover Partners and former CFO
of Varonis.
-- Kramer was named the 2024 Security Executive of the Year by SC Media.
-- Cato was named to the 2025 Fortune Cyber 60 for a second consecutive
year, an annual list of the top 60 startups that offer enterprise-grade
cybersecurity solutions.
-- Cato opened the doors to its new global headquarters in Tel Aviv and a
new research and development (R&D) center in Prague.
Resources
-- [Photo] Shlomo Kramer
-- [Image] Cato Networks logo
-- [Blog] The Market Has Spoken: Cato Networks Soars with 46% ARR Growth in
2024
Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
About Cato Networks
Cato Networks delivers enterprise security and networking in a single cloud platform. The SASE leader creates a seamless and elegant customer experience that effortlessly enables threat prevention, data protection, and timely incident detection and response. With Cato, organizations replace costly and rigid legacy infrastructure with an open and modular SASE architecture based on SD-WAN, a purpose-built global cloud network, and an embedded cloud-native security stack.
Want to learn why thousands of organizations secure their future with Cato? Visit us at www.catonetworks.com.
Media Contact
Cato Communications
press@catonetworks.com
View original content:https://www.prnewswire.com/news-releases/cato-networks-grew-arr-46-to-more-than-250-million-in-2024-302377999.html
SOURCE Cato Networks
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