Netskope

Enterprise Software

Founded: 2012

Last Round Valuation: $7.53B

Netskope is a leading cloud security company that has gained prominence in the cybersecurity landscape. Founded in 2012, Netskope is headquartered in Santa Clara, California. The company focuses on providing cloud-native security solutions that help organizations address the challenges posed by the rapid adoption of cloud services. Netskope's platform offers comprehensive protection, visibility, and control over cloud applications, data, and users, empowering businesses to safely embrace the benefits of the cloud while ensuring data privacy, compliance, and preventing cybersecurity threats. With its innovative approach and dedication to safeguarding cloud environments, Netskope has become a trusted partner for enterprises seeking robust and adaptive solutions to protect their digital assets in today's dynamic and interconnected world.

Netskope Overview:

Netskope is a leading cloud security company that was founded in 2012 and is headquartered in Santa Clara, California. The company has gained significant recognition in the cybersecurity industry for its cloud-native security solutions. In today's rapidly evolving digital landscape, with the widespread adoption of cloud services, Netskope's comprehensive Cloud Security Platform offers businesses a robust and adaptive defense against the unique challenges posed by cloud-based environments.

At the heart of Netskope's offerings is their Cloud Security Platform, which provides organizations with granular visibility, control, and data protection for cloud applications, data, and users. Regardless of location or device, Netskope enables businesses to safely embrace cloud services while safeguarding their sensitive data, ensuring compliance with regulations, and mitigating cybersecurity risks.

The platform's advanced capabilities encompass a wide range of essential features. It provides cloud application visibility and control, allowing IT administrators to enforce policies and manage cloud usage based on the organization's specific security needs. Netskope's Data Loss Prevention (DLP) feature prevents the unauthorized exposure or leakage of sensitive data in the cloud, applying appropriate controls to prevent data breaches and compliance violations.

In addition to robust data protection, Netskope's platform also offers strong threat protection. The company employs advanced threat detection mechanisms to identify and block both known and unknown threats, such as malware, ransomware, and phishing attacks, across cloud services.

Access control and identity management are also fundamental aspects of Netskope's cloud security approach. The platform ensures that only authorized users can access specific cloud resources, integrating seamlessly with identity and access management systems to enforce consistent security policies.

Compliance and governance are critical concerns for many organizations, especially those operating in highly regulated industries. Netskope assists businesses in meeting various regulatory requirements and industry standards by monitoring and reporting on cloud usage and security practices.

Netskope's Cloud Security Platform caters to a diverse clientele, ranging from small businesses to large multinational corporations. Particularly valuable for organizations in highly regulated sectors, such as finance, healthcare, and government, Netskope's solutions offer the assurance of a secure and compliant cloud environment.

Overall, Netskope's dedication to innovation, research, and development has solidified its position as a trusted cloud security partner. With a strong focus on protecting against cloud-based threats, securing sensitive data, and enabling compliance, Netskope continues to be a driving force in helping businesses navigate the complexities of the cloud era while ensuring the highest levels of data security and resilience.

Founders:

  • Krishna Narayanaswamy

  • Lebin Cheng

  • Ravi Ithal

  • Sanjay Beri

Top Investors:

  • Accel

  • Base Partners

  • Canada Pension Plan Investment Board

  • Dell Technologies Capital

  • Geodesic Capital

  • ICONIQ Capital

  • Lightspeed Venture Partners

  • New York Life Ventures

  • Sapphire Ventures

  • Sequoia Capital

  • Social Capital

Funding History:


Date Share Type Amount Raised Raised to Date Issue Price Post Money Valuation Key Investors
Jul 2021 Series H $300MM $1.05B $20.45 $7.53B ICONIQ Capital, Lightspeed Venture Partners, Accel
Feb 2020 Series G $349.82MM $749.92MM $8.37 $2.81B Accel, Base Partners, Canada Pension Plan Investment Board
Nov 2018 Series F $168.7MM $400.1MM $5.45 $1.36B ICONIQ Capital, Accel, Lightspeed Venture Partners
Apr 2017 Series E $100MM $231.4MM $2.64 $534.77MM ICONIQ Capital, Accel, Lightspeed Venture Partners
Sep 2015 Series D $75MM $131.4MM $2.24 $348.22MM ICONIQ Capital, Accel, Lightspeed Venture Partners
May 2014 Series C $35.01MM $56.41MM $1.45 $192.84MM Accel, Lightspeed Venture Partners, Social Capital
Oct 2013 Series B $15.9MM $21.4MM $0.76 $67.21MM Lightspeed Venture Partners, Social Capital
Nov 2012 Series A $5.5MM $5.5MM $0.38 $27.5MM Undisclosed investors

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