Israel’s company in Israel Cata Networks Spraying is a sale, sources notify “globes.” Company, one of the largest private companies held in Israel, enhance access to an access disposition to a strict industry industry in the industry industry to examine an exit.
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According to the sources that are familiar with talks, these are the investment banks that support the company of planned IPO, which encourages the Cato networks to discuss a faster deal with the IPO market. However, the same sources say that a recurring theme of these exploration talks is that the catato networks are perceived to be excessive.
Gaps in firing between fundraising and exit
Last month, it was reported that the Cato networks seek to raise about $ 150 million for the company, and additional equal amounts to a secondary transaction to sell shows. The $ 4.5 billion demanding is an acute increase from $ 3 billion valuations to the company’s newest financing in September, “not setting up in the present real-conditions, not in the ipo market or out.” Therefore, if a sale actually happens, it may be close to a low appreciation than the Cato seeks to collect.
Cato Networks were built in 2015 in CEO Shlomo Kramer, one of the leading figures in the Israeli cybers industry. The company develops a platform that aims to streamline and consolidate activities of a business, most of the cloud. Instead of using multiple separate systems for data security, remote connections (VPN), and firewalls, Cato unites all platforms.
The system is specifically designed for organizations that operate from several locations around the world, with employees who work from home or in technology infrastructures distributed between local data centers and cloud services. In February, Cato announced that annual recurrent income (ARR) of $ 250 million, with a growth rate of 46% annually. It has hundreds of employees and moves around the world.
No response to this report from Cato networks.
Published in Globes, Israel News in News – en.globes.co.il – On May 22, 2025.
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