Netskope Raises $401M in Funding

Netskope, a Santa Clara, CA-based Secure Access Service Edge (SASE) firm, raised $401M in funding.

The spherical was led by Morgan Stanley Tactical Value, with participation from Goldman Sachs Asset Management, Ontario Teachers’ Pension Plan, and CPP Investments.

The firm intends to make use of the funds to increase its expertise and platform benefits and market attain by continued revolutionary worldwide platform improvement and growth of strategic go-to-market actions.

Led by Sanjay Beri, CEO, Netskope is a SASE supplier that gives cloud, information, and community safety to assist organizations apply zero belief ideas to guard information. Its platform offers optimized entry and real-time safety for folks, gadgets, and information anyplace they go, enabling prospects to cut back danger, speed up efficiency, and get visibility into any cloud, net, and personal software exercise.

The firm elevated the shopper base to greater than 2,400 complete prospects worldwide, together with over 25 of the Fortune 100, and throughout all verticals together with monetary companies, healthcare, retail, telecommunications, manufacturing, authorities, excessive tech, and past.

FinSMEs

06/01/2023

Leave a Comment