Cato Networks, a provider of SASE technologies, recently announced the acquisition of Aim Security, a provider of AI security solutions.
First M&A deal signifies Cato’s commitment to AI security demands
Cato’s first-ever acquisition will expand the Cato SASE Cloud Platform, enabling secure enterprise adoption of AI agents, along with public and private AI applications.
This acquisition comes in conjunction with Cato announcing that it has surpassed $300 million in annual recurring revenue (ARR). Cato has extended its Series G financing round, announced in June, with an additional $50 million investment, bringing the total round to $409 million.
AI transformation and SASE’s future
SASE helps to secure fabric connecting all enterprise resources, making it uniquely positioned as a primary control point for AI interactions, Cato Networks says.
“AI transformation will eclipse digital transformation as the main force that will shape enterprises over the next decade,” said Schlomo 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’s AI security solution spans three AI security use cases, supported by a unified and advanced core engine. The enterprise use cases include:
- Securing employee use of public AI applications: Aim shines a light on shadow AI usage, monitors and protects all end-user AI interactions, unlocks visibility and risk mitigation for existing AI usage, and enables net-new AI use cases. Aim enables employees to securely utilize public and enterprise AI agents, such as Microsoft Copilot, develop with new AI coding agents like Cursor, and leverage local agents through Model Context Protocol (MCP) servers.
- Securing private AI applications and AI agents: Aim’s AI Firewall secures internal AI applications and agents against runtime AI attacks. It helps enforce corporate security and governance policies on all interactions between users, AI agents, and internal AI applications and models, either on-prem or in the cloud.
- Securing the agentic AI development lifecycle with AI security posture management (AI-SPM): Aim secures the entire AI development lifecycle. It continuously discovers, detects, and remediates AI security and compliance risks before they reach production, and scans internal AI models for misconfigurations and vulnerabilities, enabling customers to maintain an optimal AI model security posture at all times.
“One of the world’s largest financial services companies deployed Aim to secure its AI adoption,” said Matan Getz, co-founder and CEO of Aim Security. “Aim has purpose-built a broad AI security platform, grounded in cutting-edge research and patented technology, designed to seamlessly integrate into complex enterprise environments. Aim’s solutions enable businesses to securely reap the benefits of their AI investments.”
Cato Networks produced the first cloud-native SASE platform from the ground up to secure all enterprise network flows from any source to any destination. The acquisition of Aim will help extend the Cato SASE Cloud Platform by unlocking AI security capabilities that will address the complexity and unstructured nature of AI interactions. It will also help address the evolving AI attack surface, detecting and stopping threats, risky or anomalous access, and data breaches.
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