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Cato Networks, valued at $3B, lands $238M ahead of its anticipated IPO

Cato Networks, the Tel Aviv-based startup that packages software-defined networking, managed cybersecurity and global backbone services into a single offering, today announced that it raised $238 million in an equity investment that values the company at over $3 billion. LightSpeed Venture Partners led the round with participation from Adams Street Partners, Softbank Vision Fund 2, Sixty Degree Capital and Singtel Innov8, bringing Cato's total raised to $770 million. "Cato will use t...
Palo Alto Networks Delloro Group Cato Networks Image Credits Dell Oro Group Palo Alto
Source: yahoo.com

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