Netskope, a Santa Clara, Calif.-based Secure Access Service Edge (SASE) company, raised $300m in funding.
The round was led by existing investor ICONIQ Growth with participation from existing investors Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire Ventures, and Geodesic Capital. Following this round, Netskope has achieved a post-money valuation of $7.5 billion.
The company intends to use the funds to continue to expand both its platform and go-to market initiatives.
Led by Sanjay Beri, CEO and co-founder, Netskope provides a 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. Its cloud-native SASE architecture also includes NewEdge, a connected private cloud, which enables fast and secure access from any location to data, applications, and websites wherever they reside.
Today, among more than 1,500 worldwide customers, Netskope serves:
- Over 30 of the Fortune 100
- 2 of the world’s 4 largest commercial banks
- 5 of the world’s 7 largest healthcare providers
- 2 of the world’s 3 largest telecommunications companies
- 2 of the world’s 4 largest retailers
FinSMEs
09/07/2021