Cato Networks raises $359 million in a Series G round, achieving a $4.8 billion valuation. Led by Vitruvian Partners and ION Crossover Partners, the funding will primarily reward employees and bolster the company's growth.
Jun 30, 2025•16 days ago
Amount Raised
$359 Million
Investors
Adams Street PartnersAcrew CapitalLightspeed Venture PartnersIon Crossover PartnersVitruvian Partners
Description
Cybersecurity company Cato Networks completed a $359 million Series G funding round at a $4.8 billion valuation. The round saw participation from new and existing investors, including Vitruvian Partners and Lightspeed Venture Partners. Approximately $120 million was raised through a secondary sale to enable employee cash-outs. Despite this funding, Cato is postponing its IPO plans initially set for 2025.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech