Netskope
Cloud security leader delivering SASE and zero trust solutions for the AI era
Market Cap (IPO)
$8.6B
ARR (2025)
$707M
Revenue Growth YoY
+33%
Total Funding
$1.45B
Customers
4,300+
Overview
Netskope is a global SASE leader founded in 2012 that helps organizations apply zero trust principles to protect data and defend against cyber threats. The company went public on September 18, 2025, achieving an $8.6 billion market cap on its first trading day. With its flagship Netskope One platform, the company serves over 4,300 customers across 90 countries, including 30+ Fortune 100 companies. Netskope has been recognized as a Leader in Gartner Magic Quadrant for both SASE Platforms and Security Service Edge since their inception.
Products & Technology
- Netskope One Platform: Unified SASE solution with one engine, one client, one gateway.
- Security Service Edge (SSE): Web, cloud, and private app security from any location.
- NewEdge Network: Largest private security cloud with 120+ data centers in 75+ regions.
- SkopeAI: AI-powered threat and data protection with ML techniques.
- SD-WAN: 100% SaaS-based converged remote connectivity platform.
- Data Security: DLP, CASB, DSPM for comprehensive data protection.
2024-2025 Highlights
- Successful IPO on September 18, 2025, raising $908M at $7.3B valuation.
- Acquired Dasera to enhance DSPM capabilities (October 2024).
- Extended partnership with Microsoft for advanced SSE capabilities.
- Named Leader in Gartner Magic Quadrant for SASE Platforms (2025).
- Named Leader in Gartner Magic Quadrant for SSE (2025).
- Achieved $707M ARR with 33% YoY growth and 71% gross margins.
- Expanded to 2,900+ employees and 4,300+ enterprise customers globally.
Funding Rounds
| Announced | Amount | Round | Valuation | Investors |
|---|---|---|---|---|
| Sep 18 2025 | $908M | IPO | $7.3B | Public Markets (NASDAQ: NTSK) |
| Jan 05 2023 | $401M | Convertible | N/A | Morgan Stanley, others |
| Jul 09 2021 | $300M | Series H | $7.5B | ICONIQ Growth, Lightspeed, Accel |
| Feb 2020 | $340M | Series G | $3B | Sequoia Capital, ICONIQ, Lightspeed |
| Dec 2018 | $168.7M | Series F | $1.5B | Lightspeed, Accel, Geodesic Capital |
| Jun 2018 | $100M | Series E | N/A | Lightspeed, Accel |
| Sep 2016 | $90M | Series D | N/A | ICONIQ, Lightspeed, Accel |
| Nov 2015 | $35M | Series C | N/A | Lightspeed, Accel |
| Jun 2013 | $21M | Series B | N/A | Lightspeed |
| Mar 2013 | $6M | Series A | N/A | Social Capital |
Acquisitions
| Date | Company | Technology | Description |
|---|---|---|---|
| Oct 15 2024 | Dasera | DSPM | Data Security Posture Management for cloud environments |
| Sep 06 2023 | Kadiska | DEM | Digital Experience Management for SASE |
| 2022 | Infiot | IoT Security | IoT device security and intelligence |
| 2021 | WootCloud | IoT | HyperContext-powered security for IoT devices |