Netskope Closes $100M Series E Funding

Funding Rounds

Summary

Netskope, a Los Altos, CA-based cloud security platform provider, closed a $100m Series E funding.The company intends to use the funds to accelerate the advancement and commercialization of its enterprise cloud security platform.Led by Sanjay Beri, founder and CEO, Netskope leverages patented technology to provide a cloud-scale security platform, which features context-aware governance of all cloud usage in the enterprise in real-time, whether accessed from the corporate network, remote, or from a mobile device.This enables security professionals to understand risky activities, protect sensitive data, stop online threats, and respond to incidents.During 2016, it added leading enterprise customers in the retail, financial services, manufacturing, energy, and healthcare verticals, and grew global employee headcount to more than 350, with key hires made in the research and development, customer success, and threat research teams.

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Amount $100.0M Total raised
Date June 6, 2017 Announcement date
Investors Social Capital, Netskope, ICONIQ Capital, Accel, Sapphire Ventures, LLC Lead investors
Company http://www.netskope.com Funded company

Classifications

industries
HealthTech
applications
Collaboration & Communication

AskAI Classifications

Labels
Cybersecurity Cloud Security Network Security Software

Linked Companies

Netskope
$500M to $1B