The Latest Cato Network News
Product and Solution Information, Press Releases, Announcements
|Cato Networks Surges in 2017: Bookings Accelerate To 100% Growth, Quarter-Over-Quarter|
|Posted: Wed Jan 03, 2018 12:01:33 PM|
TEL AVIV, Israel, January 30, 2018 — Cato Networks, provider of Cato Cloud, the world’s first secure, global SD-WAN as a service, reported today significantly increased sales velocity with sequential booking growth accelerating to 100 percent, quarter-over-quarter in 2017. Average deal size increased 400 percent. Hundreds of customers with thousands of branch locations across all verticals now rely on Cato Cloud to connect and secure their corporate networks.
“This past year was an incredible success for the Cato team,” says Shlomo Kramer, co-founder and CEO of Cato Networks. “We built an amazing, networking and security platform that’s been endorsed by customers across the globe. Our expanded executive team and channel relationships set the stage for an even stronger 2018.”
Cato Cloud Increased Capabilities And Global Network Footprint
Cato Cloud securely connects all enterprise locations, people, and physical and cloud datacenters into a global, encrypted and optimized SD-WAN in the cloud. During 2017, Cato enhanced Cato Cloud with:
Today, Cato Cloud has a larger network footprint than than any other global, cloud-based SD-WAN with 39 points-of-presence (PoPs) around the globe, including two locations in China, Beijing and Shanghai, and twice the number of PoPs in North America as its closest competitor.
Cato Customers Publicly Endorse Cato
Cato’s strong fiscal and functional growth mirrored strong customer growth. Pet Lovers Centre Pte Ltd, the leading Asian pet products and services retailer, runs more than 100 sites on Cato Cloud. “I would recommend Cato to a friend, and that’s a big deal for me to say,” says David Whye Tye Ng, CEO & Executive Director at Pet Lovers.
With Cato Cloud, Fisher & Company, an automotive components manufacturer, reduced its annual networking spend by a third when switching from MPLS to Cato Cloud, and all without compromising VoIP quality or application responsiveness. “Users definitely feel it in their user experience. Things, like screen refreshes of our ERP system, seem to be a lot quicker with Cato,” says Kevin McDaid, systems manager at Fisher.
In addition, more than 30 customers attested to Cato’s value and simplicity on the popular, G2 Crowd recommendations site:
“We’re using Cato for our headquarters, AWS, and one IPsec tunnel and what we like the most is the simplicity of connecting different sites and VPN users. We don’t have to worry about the encryption, security or configurations. It’s almost plug and play,” says Yassine.
Awards And Industry Acknowledgement
Gartner and other leading industry influencers acknowledged the innovation and maturity of Cato Cloud in 2017. Cato earned numerous awards for its pioneering work in simplifying security and networking including: