Israeli cyber unicorn Cato Networks acquires Tel Aviv-based startup Aim Security to enhance its AI security capabilities. The undisclosed acquisition is estimated at around $350 million, marking Cato's first acquisition since its founding in 2015 by cybersecurity entrepreneur Shlomo Kramer. Aim Security, founded in 2022 by IDF Unit 8200 graduates, has developed an AI security platform to protect sensitive data against cyber threats posed by the adoption of AI-based applications.