Netskope

Netskope is an American software company that helps companies protect data and protect against threats in cloud applications, cloud infrastructure, and the web.

Netskope's cloud-scale security platform provides 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.

Netskope was founded in 2012 by Sanjay Beri, Lebin Cheng, Ravi Ithal and Krishna Narayanaswamy. The company is based in Santa Clara, California with a software development office in Bangalore, India.

Netskope's patented Cloud XD technology eliminates blind spots by going deeper than any other security provider to quickly target and control activities across thousands of cloud services and millions of websites.

Netskope software is delivered as an SaaS via a distributed cloud in SOC-2 data centers. The solution steers cloud and Web traffic to a cloud-native service for the purposes of inspection and policy enforcement. 

Netskope offers different deployment options for traffic steering for analysis and policy control. These include log ingestion, API connectors, an agent-less forward proxy, reverse proxy, thin agent and profile for remote users on PCs or mobile devices, and GRE and IPSEC tunneling. 

Netskope is backed by top-tier investors including Lightspeed Venture Partners, Accel, Sequoia Capital Global Equitie, Sapphire Ventures, Social Capital and others. The company raised $340M in a Series G financing on Feb 06, 2020. This brings Netskope's total funding to $740.1M to date.

 

Netskope has achieved a valuation of nearly $3B from its Series G round on Feb 06, 2020. The company was previously valued at $1B+ as of Nov 13, 2018. Netskope  has also acquired Sift Security on Jul 12, 2018 for an undisclosed amount.

 

Netskope is in a category of technology classified by Gartner as cloud access security brokers. Netskope is recognised as a leader in the Gartner Magic Quadrant for Cloud Access Security Brokers.

 

 

  • Year founded: 2012
  • Funding Info: $740.1M over 7 Rounds (Latest Funding Type: Series G)- Netskope has also acquired Sift Security in Jul 12, 2018
  • Yearly Revenue: $500M-$600M (2019)
  • Employee Size: 501-1000
  • Business Valuation: Valued at $3B as of Feb 06, 2020
  • City/Town: Los Atos
  • State: California
  • Country: United States
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