Cato Networks vs Wiz
Side-by-side equity comparison for employees weighing offers at Cato Networks or Wiz. Valuations, funding history, headcount growth, and secondary-market context.
| Cato Networks | Wiz | |
|---|---|---|
| Latest valuation | $5B | $32B |
| Latest round | Series H | Series E |
| Round date | January 2024 | March 2025 |
| Total raised | $773M | $1.9B |
| Founded | 2015 | 2020 |
| Headquarters | Tel Aviv, Israel | New York, NY |
| Employees | 1,575 | 3,263 |
| Employee YoY growth | +26% | +38% |
| Primary industry | Cybersecurity | Cybersecurity |
| Secondary-market price | — | — |
| Base-case equity multiple | 4x | — |
| Upside equity multiple | 11x | — |
| Lead investors | Lightspeed Venture Partners, Greylock Partners | Sequoia Capital, Insight Partners |
| Status | private | private |
Overview
Cato Networks provides a cloud-native SASE (Secure Access Service Edge) platform that converges SD-WAN, network security, and zero-trust network access into a single global service.
Cloud security platform providing agentless visibility and risk assessment across multi-cloud environments, detecting vulnerabilities, misconfigurations, and threats.
Why we compare these
Wiz appears on Sara's List 2024; Cato Networks is a direct competitor we track alongside it.
If you're evaluating offers at either one, the equity math depends on more than the headline valuation — dilution, strike price, time to liquidity, and concentration risk all matter. Use our equity compensation calculator and exit calculator to model your own numbers.