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Cato Networks Makes First Acquisition, Buying Aim Security as ARR Tops $300 Million

The purchase embeds AI-focused defenses into Cato’s SASE platform to govern enterprise AI usage.

Overview

  • Cato extended its Series G with a new $50 million check from Acrew Capital, bringing the round to $409 million on the same terms.
  • Aim’s technology targets three fronts of enterprise AI risk: employee use of public AI apps, protection for private AI systems and agents, and security across AI development lifecycles.
  • Cato plans to fold Aim’s capabilities into the Cato SASE Cloud in early 2026 and will offer a migration path for existing Aim customers.
  • Financial terms of the acquisition were not disclosed.
  • The deal highlights ongoing cybersecurity consolidation as vendors add AI-focused protection, with recent examples including Varonis–SlashNext and Palo Alto NetworksCyberArk.