Cato Networks takes over Fiverr’s Tel Aviv headquarters to support 500 new hires
Shlomo Kramer’s cybersecurity firm adds space with the lease of the historic “Farmers’ House” amid a $350 million revenue run rate.
Shlomo Kramer's cybersecurity company, Cato Networks, will lease the “Farmers’ House” building currently occupied by the software company Fiverr. Fiverr is scheduled to move to the Wix campus at Glilot Junction in 2027, following a 25% workforce reduction amid the AI-driven industry shakeup.
Cato currently rents six floors in the Landmark Sarona Towers, which it occupied less than two years ago. The company employs about 800 people in Israel, out of a total workforce of 1,700. Around six months ago, Cato acquired Israeli AI cybersecurity startup Aim Security for $350 million; the company had 30 employees at the time of the sale.
The former Fiverr building will complement Cato’s Landmark offices and is intended to accommodate roughly 500 additional employees that the company plans to hire. The well-known Kaplan Street building in Tel Aviv, which has been designated for preservation due to its historical significance, includes seven floors of office space and an open rooftop area for events. Cato will lease the building from owner Ronen Ashkenazi Equity. Estimates indicate that the leasing costs per square meter are lower than in the Landmark Sarona Towers, which total 16,500 square meters and cost the company NIS 180 million over five years.
The Farmers’ House building will add 6,400 square meters to Cato’s portfolio. After the expected move in 2027, Cato will occupy a total of 23,500 square meters, comparable to the office footprint of cybersecurity giant Palo Alto in Alon Towers before it integrated the newly acquired CyberArk employees this month.
On Tuesday, Cato announced that it had reached an annual revenue run rate of $350 million, marking a 43% growth rate in 2025. The company specializes in securely connecting remote organizations to cloud infrastructure through SASE solutions. In the summer of 2025, Cato raised $409 million in private capital, boosting its valuation to approximately $5 billion and bringing total capital raised to $1 billion.
