“We were SASE before the term SASE existed and today we are seeing our vision manifest across the globe as enterprises increasingly turn to Netskope to enable secure digital transformation. The oversubscribed insider investment was led by ICONIQ Growth, which was joined by other existing investors, including Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire Ventures and Geodesic Capital. Accel, Sequoia Capital Global Equities, ICONIQ Growth, Sapphire Ventures. “We started Netskope because we saw a cloud-centric, digital-first future of business that simply can’t be achieved using legacy approaches to security and networking,” said Sanjay Beri, CEO and co-founder of Netskope. Netskope, focused on Secure Access Service Edge architecture, announced Friday a 300 million investment round on a post-money valuation of 7.5 billion. Netskopes cloud-scale security platform provides context-aware governance of.
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Netskope is based in Santa Clara, California, with a software development. With a cloud security platform, Netskope monitors a companys disparate apps.
Its platform enables companies to safely store user data, protect against cloud services. The Forbes Cloud 100 verdict is out, naming the 100 most notable companies. ICONIQ Growth had previously invested in tech giants including Alibaba, Airbnb Inc and Uber Technologies Inc. The platform offers cloud-native solutions to businesses for data. Netskope is an American cybersecurity software developer. Other major existing investors of Netskope, including Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire Ventures and Geodesic Capital, also participated in the funding round, Netskope said. Netskope’s cloud-native SASE architecture also includes NewEdge, the world’s fastest-growing and most-connected private cloud, which enables fast and secure access from any location to data, applications, and websites wherever they reside. Netskope is an American software company providing a computer security platform.
As one of the leaders in cloud security, Netskope has impressive growth. Netskope’s Security Cloud delivers a comprehensive, cloud-native SASE platform of technologies that enable secure enterprise digital transformation and secure remote connectivity using integrated Zero Trust Network Access (ZTNA), Secure Web Gateway (SWG), and Cloud Access Security Broker (CASB) capabilities. Netskope cloud security platform is aimed at providing protection against. As enterprises transform their legacy IT infrastructure and move applications and data to the cloud, security needs to transform as well. Netskope will continue to aggressively expand both its platform and go-to market amidst its hypergrowth to meet the strong demand for its market-leading Secure Access Service Edge (SASE) architecture.Ĭybercrime is increasing at an alarming rate. J Netskope, the SASE leader, today announced that the company has closed a new 300 million investment round led by existing investor ICONIQ Growth. Following this significantly oversubscribed investment round, Netskope has achieved a post-money valuation of $7.5 billion.Ĭontinued investment in Netskope from premier investors further validates the company’s exceptional team, vision, track record of strong global execution, and opportunity to continue its rapid gaining of share in the fast-growing CAGR market which analysts estimate to be a $30 billion total addressable market by 2024, with cloud security CAGR growth estimated to exceed 30% over the next several years. Highlights unprecedented global demand for digital transformation and Netskope’s market-leading SASE, Zero Trust, and cloud security solutions SANTA CLARA, Calif. Also participating in this latest funding round were all other major existing Netskope investors, including Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire Ventures, and Geodesic Capital. ICONIQ Growth led the oversubscribed insider investment, joined by other existing investors, including Lightspeed Venture Partners, Accel, Sequoia Capital. ICONIQ Company Developments | SeptemVic.Netskope, a specialist in Secure Access Service Edge (SASE), has announced that the company has closed a new $300 million investment round led by existing investor ICONIQ Growth. ICONIQ Growth Insights | SeptemSaaS company with an IPO in sight? The right marketing head can get you there. Netskope announced that the company has closed a new 300 million investment round led by existing investor ICONIQ Growth.
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