• Exclusive: Cloud Securer Netskope Raises $170 Million, Sprouts ‘Unicorn' Horn

    28 days ago - By Fortune

    Netskope, a cybersecurity firm that specializes in “cloud” security, has raised $169 million in a new round of venture capital funding. The deal vaults Netskope into the so-called unicorn club, a burgeoning class of startups with private valuations of $1 billion or more.
    Sanjay Beri, Netskope's CEO and cofounder, and the company's lead investor, Lightspeed Venture Partners, confirmed to Fortune that Netskope's valuation now exceeds $1 billion, but they declined to reveal the exact figure.
    “An IPO is definitely on our trajectory,” Beri said on a call with Fortune while acknowledging that he...
    Read more ...

     

  • Netskope raises $168.7M at a $1B+ valuation for its cloud security platform

    Netskope raises $168.7M at a $1B+ valuation for its cloud security platform

    28 days ago - By Tech Crunch

    As organizations continue to grapple with security risks posed by employees using a range of apps and devices in the workplace, a startup that has built a platform to help them to this has raised a significant round of funding. Netskope , which provides a cloud security platform to help set and run policies around different apps and devices, has closed a round of $168.7 million to grow its business, expand its R&D, and bring on more global data centers.
    The valuation was not disclosed in Netskope's announcement , but the company has confirmed to us that it is now over $1 billion. This is a...
    Read more ...