Cato Networks Surpasses $200M ARR and 2,500 Customers: Here’s Why

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When Cato Networks was launched and we onboarded our first customers, we were exhilarated to share the disruptive innovation that has turned into an incredible opportunity. Enterprises had become too complex, with many point solutions requiring assessment, integration, deployment, and maintenance. Cato was the remedy to that complexity.  

Nine years later, we’ve seen the Cato approach of converging security and networking into a single, cloud-native platform become the industry standard—now called SASE. It’s an approach that transforms how IT manages and delivers security to support the business.  And today, I’m excited to share that we surpassed $200 million in annual recurring revenue (ARR)—doubling our total ARR in under two years—and we now have more than 2,500 enterprise customers embracing the Cato SASE Cloud Platform.

“The shift to SASE has empowered us, no question,” said Rodney Masney, chief information officer at O-I Glass. “Our factories run more efficiently, our users complain less, and all of that makes my life as the CIO – and the lives of my team – easier. My team’s work-life balance is incredibly important to me, and with Cato, we’ve been able to strike that balance here at O-I.”

O-I Glass is a $7 billion leading glass bottle manufacturer, designing innovative glass packaging for the world’s leading brands. O-I is using the Cato SASE Cloud Platform to digitally transform how glass bottles are designed and manufactured. With Cato, O-I was able to connect and secure 23,000 employees in approximately 150 factories and office locations across 20 countries worldwide.  

And O-I is not alone in transforming their business with Cato. Sixt, the world-renowned car rental company, connects and protects its locations and rental branches worldwide, as well as mobile users, with the Cato SASE Cloud Platform.

Finally, we have Vitesco Technologies, the $10 billion German automotive supplier and manufacturer. It has been a Cato customer since 2020 and has 35,500 employees worldwide. The company recently expanded the Cato SASE Cloud Platform by nearly 25% to over 90 connected locations and services and 24,000 remote users. 

As we enter the third generation of IT security, Cato is being embraced faster than the appliances and proxies that defined the previous generation. Our growth attests to the demand for a true, autonomous cloud-native platform—one that maintains an optimal security posture and a superb application experience worldwide, freeing IT teams to better support the business.

It’s a message that legacy vendors like to imitate, even going so far as to adopt terms like “platformization” to give them the appearance of delivering a single platform when they’re only offering a portfolio of point solutions. But as our co-founder and CEO Shlomo Kramer noted in today’s announcement, “Converting a portfolio company into a platform company is about as easy as unscrambling an omelet. Security is a data problem. A platform makes high-quality, contextualized data available in real-time for protection and stores that data in a single data lake for detection. You cannot get that kind of high-quality data from a portfolio company, no matter how pretty the management interface.” 

With the Cato SASE Cloud Platform, though, you can. You can get the right data when you need it, wherever you need it, to make the right decisions about security and your network. That’s the power of a true IT security platform, and that’s the power of Cato.