Abstract. For n, d ≥ 1 let p(n, 2d) denote the smallest number p such that every sum of squares of forms of degree d in R[x 1 , . . . , xn] is a sum of p squares. We establish lower bounds for these numbers that are considerably stronger than the bounds known so far. Combined with known upper bounds they give p(3, 2d) ∈ {d + 1, d + 2} in the ternary case. Assuming a conjecture of Iarrobino-Kanev on dimensions of tangent spaces to catalecticant varieties, we show that p(n, 2d) ∼ const · d (n−1)/2 for d → ∞ and all n ≥ 3. For ternary sextics and quaternary quartics we determine the exact value of the invariant, showing p(3, 6) = 4 and p(4, 4) = 5.