Cato Networks, the SASE leader, announced today that it acquired Aim Security, a visionary leader of AI security. This is Cato’s first-ever acquisition and will further expand the Cato SASE Cloud Platform, enabling secure enterprise adoption of AI agents and public and private AI applications.
In addition, Cato announced it has surpassed $300 million in annual recurring revenue (ARR). Cato also extended its Series G financing round announced in June with an additional $50 million investment from Acrew Capital, bringing the total round to $409 million. The financing took place on the same terms and valuation.
AI Transformation is the Next Frontier for SASE
AI is transforming businesses everywhere. At the same time, security, compliance, and privacy risks are introduced through new interaction models with enterprise data by people, AI agents, and AI models. With SASE becoming the de facto standard for a secure fabric connecting all enterprise resources, including employees, partners, locations, clouds, devices, and applications, SASE is uniquely positioned as a primary control point for all AI interactions.
“AI transformation will eclipse digital transformation as the main force that will shape enterprises over the next decade,” said Shlomo Kramer, CEO and co-founder of Cato Networks. “With the acquisition of Aim Security, we’re turbo-charging our SASE platform with advanced AI security capabilities to secure our customers’ journey into the new and exciting AI era.”
Aim Delivers a Complete AI Security Solution
Founded in 2022 and backed by YL Ventures and Canaan Partners, Aim has been at the forefront of the enterprise AI security category and shapes how some of the world’s most advanced organizations, including those in the Fortune 500 and Forbes Global 2000, harness AI with trust, control, and confidence.