![]() 5 of the world’s 7 largest healthcare providers.2 of the world’s 4 largest commercial banks.Today, among more than 1,500 worldwide customers, Netskope serves: Netskope’s approach to SASE and Zero Trust cloud architecture has seen rapid adoption by enterprises and governments all over the world, and has been repeatedly recognized by analysts and customers for its strengths in CASB, SWG, and ZTNA. Netskope’s cloud-native SASE architecture also includes NewEdge, the world’s fastest-growing and most-connected private cloud, which enables fast and secure access from any location to data, applications, and websites wherever they reside.Īs Gartner notes in its 2021 Strategic Roadmap for SASE Convergence, “by 2024, 30% of enterprises will adopt cloud-delivered SWG, CASB, ZTNA, and branch office firewall-as-a-service capabilities from the same vendor, up from less than 5% in 2020.”* Netskope’s Security Cloud delivers a comprehensive, 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. As enterprises transform their legacy IT infrastructure and move applications and data to the cloud, security needs to transform as well. Netskope will continue to aggressively expand both its platform and go-to market amidst its hypergrowth to meet the strong demand for its market-leading Secure Access Service Edge (SASE) architecture.Ĭybercrime is increasing at an alarming rate. ![]() Following this significantly oversubscribed investment round, Netskope has achieved a post-money valuation of $7.5 billion.Ĭontinued investment in Netskope from premier investors further validates the company’s exceptional team, vision, track record of strong global execution, and opportunity to continue its rapid gaining of share in the fast-growing CAGR market which analysts estimate to be a $30 billion total addressable market by 2024, with cloud security CAGR growth estimated to exceed 30% over the next several years. Also participating in this latest funding round were all other major existing Netskope investors, including Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire Ventures, and Geodesic Capital. – J– Netskope, the SASE leader, today announced that the company has closed a new $300 million investment round led by existing investor ICONIQ Growth. The company is now hiring for dozens of open roles across its engineering and customer support departments.įounded in 2012, Netskope has raised $1 billion in venture capital financing to date, according to Crunchbase.Īdditional investors Lightspeed Venture Partners, Accel and Sequoia participated in the round, among others.Highlights unprecedented global demand for digital transformation and Netskope’s market-leading SASE, Zero Trust, and cloud security solutions Netskope also plans to invest in its team, which already tops 1,000. The company will invest the additional capital in expanding its go-to-market strategy as it continues to scale. ![]() “We were SASE before the term SASE existed and today we are seeing our vision manifest across the globe as enterprises increasingly turn to Netskope to enable secure digital transformation.” “We started Netskope because we saw a cloud-centric, digital-first future of business that simply can’t be achieved using legacy approaches to security and networking,” Sanjay Beri, the company’s co-founder and CEO, said in a statement. The end result? Users are provided with conditional entry and threats from outside of an organization are kept at bay. Unlike other cybersecurity platforms, Netskope provides secure web gateway (SWB), zero trust network access (ZTNA) and cloud access security broker (CASB) capabilities on one platform. With Netskope, users can establish connections on or off of the platform’s network.īay Area Tech News Coda Raised $100M, Blend Files for IPO, and More Netskope’s secure access service edge (SASE) platform connects users directly to the internet, an application, or their company infrastructure from the device of their choice. In February, Netskope raised $340 million at a valuation of $3 billion. ![]() That’s more than a $4 billion jump from its previous funding round. Santa Clara-based cybersecurity startup Netskope announced last week that it raised $300 million in an investment round led by ICONIQ Growth.įollowing the raise, the company’s valuation skyrocketed to a whopping $7.5 billion. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |