Israel’s Cato networks raises $359 million, valued at more than $4.8 billion

Israeli cybersecurity firm Cato Networks said on Monday it raised $359 million in a late stage private funding round that it said values the company at more than $4.8 billion.

New investors, including Vitruvian Partners and ION Crossover Partners, as well as existing investors, including Lightspeed Venture Partners, Acrew Capital, and Adams Street Partners, participated in the financing round.