Cato Networks Surpasses $200 Million, Doubles ARR in Under Two Years

a Leader in the 2024 Gartner® Magic Quadrant™ for Single-Vendor SASE.In June, Cato introduced the Cato MSASE Partner Platform, which gives vendor-level powers to channel partners to sell and deliver the best managed SASE service available today.In May, Cato unveiled Cato CTRL (the company's threat intelligence team) alongside the inaugural Cato CTRL SASE Threat Report for Q1 2024.In March, Cato was named a leader in the 2024 GigaOm Radar for Enterprise Firewalls. Also in March, Cato shattered the SASE throughput record by achieving 10 Gbps without hardware upgrades and further expanded its XDR capabilities for the Cato SASE Cloud Platform with Network Stories for Cato XDR.In February, Cato reported GAAP* revenue growth of 59% in 2023 compared to 2022, more than twice the 29% five-year compound annual growth rate (CAGR) forecast from Gartner for the SASE market.In January, Cato expanded the Cato SASE Cloud Platform into extended detection and response with Cato XDR, the world's first SASE-based XDR, and endpoint protection with Cato EPP.

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[Photo] Shlomo Kramer[Photo] Alon Alter[Image] Cato Networks logo[Blog] Cato Networks Surpasses $200M ARR and 2,500 Customers: Here's Why

*Generally Accepted Accounting Principles or GAAP

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About Cato Networks

Cato Networks delivers enterprise security and networking in a single cloud platform. 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. 

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