Economy · Full coverage
Cato Networks Completes $100 Million Secondary Share Sale
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
By מערכת ice
What happened
Israeli cybersecurity firm Cato Networks has completed a $100 million secondary share sale, allowing employees and investors to cash out holdings. The company reported significant growth, with annual recurring revenue exceeding $415 million.
- 01Cato Networks completed a $100 million secondary share sale.
- 02The deal allowed employees and investors to liquidate holdings.
- 03The company's annual recurring revenue surpassed $415 million.
- 04Cato Networks was founded in 2015 by Shlomo Kramer and Gur Shatz.
- 05This is the second major secondary sale for the company in a year.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
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