Cloud security platform Netskope boosts valuation to $7.5B following $300M raise

Cloud security platform Netskope boosts valuation to $7.5B following $300M raise

3 years ago
Anonymous $drS9DEX_Sj

https://techcrunch.com/2021/07/09/cloud-security-platform-netskope-boosts-valuation-to-7-5b-following-300m-raise/

Netskope, focused on Secure Access Service Edge architecture, announced Friday a $300 million investment round on a post-money valuation of $7.5 billion.

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.