Software networking firm Cato Networks lands $55M funding round

Enterprise networking company Cato Networks Ltd. has refilled its war chest with a $55 million round of funding led by Lightspeed Venture Partners. The round brings its total amount raised to $125 million. Previous investors Aspect Ventures, Greylock Partners, Singtel Innov8, USVP and co-founders Shlomo Kramer and Gur Shatz also participated in the round. Cato Networks sells software-defined wide-area networking tools. SD-WAN is a specific application of software-defined networking technology applied to WAN connections, which are used to connect enterprise networks – including branch offices and data centers – over large geographic distances. A WAN might be used, for example, to connect branch offices to a central corporate network, or to connect widely separate data centers.