Cato Networks, a leader in the Secure Access Service Edge (SASE) domain, has made a landmark advancement by acquiring Aim Security, a notable AI security firm. This acquisition is pivotal, representing Cato's commitment to enhance the SASE Cloud Platform with sophisticated security measures for enterprise AI solutions.
The acquisition aligns with Cato's recent financial achievements, having surpassed $300 million in annual recurring revenue. The firm also extended its Series G financing round with an additional $50 million from Acrew Capital, raising the total to an impressive $409 million.
As AI continues to permeate the business landscape, SASE emerges as a crucial control point for managing security, compliance, and privacy. Companies face significant risks through novel interaction models involving enterprise data and AI agents.
“AI transformation will eclipse digital transformation as the main force that will shape enterprises over the next decade,” said Shlomo 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 Security, since its inception in 2022, has pioneered the field of enterprise AI security. Their comprehensive solutions cater to high-profile organisations, ensuring trust and security in AI interactions.
Their security solutions encompass:
Innovatively, Aim's research team has identified vulnerabilities such as "EchoLeak" in Microsoft 365 Copilot, showcasing their cutting-edge approach to AI protection.
By incorporating Aim's expertise, Cato aims to revolutionise AI security within its existing SASE framework. Their ability to detect and mitigate increasingly complex AI threats ensures a secure enterprise environment.
Offering modular and gradual adoption, Cato's platform now includes the AISEC module, allowing for seamless integration and expansive security capabilities. Existing customers can transition to Aim's solutions immediately and will benefit from a smooth migration to the integrated platform come 2026.