INSUBCONTINENT EXCLUSIVE:
Netskope has always focused its particular flavor of security on the cloud, and as more workloads have moved there, it has certainly worked
Today the company announced a $340 million investment on a valuation of nearly $3 billion.Sequoia Capital Global Equities led the round, but
in a round this large, there were a bunch of other participating firms, including new investors Canada Pension Plan Investment Board and PSP
Investments, along with existing investors Lightspeed Venture Partners, Accel, Base Partners, ICONIQ Capital, Sapphire Ventures, Geodesic
Capital and Social Capital
Lightspeed and Accel putting all their chips behind Netskope for the long term to dominate the largest market in security is a very strong
security that was still popular when the company launched in 2012
Netskope announced its $168.7 million round at the end of 2018, the company had a valuation over $1 billion at that time
Today, it announced it has almost tripled that number, with a valuation close to $3 billion
