Israeli startup and provider of the Secure Access Service Edge (SASE) platform Cato Networks has secured $130 million in a new funding round, at a valuation of over $1 billion, joining the club of unicorns.
The round was led by Lightspeed Venture Partners with the participation of investment from Coatue, Greylock, Aspect Ventures/Acrew Capital, and Singtel Innov8, according to Venture Beat.