# Netskope

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/netskope

- Industry: IT Security/Cybersecurity
- Headquarters: Santa Clara, US
- Website: www.netskope.com/
- Total disclosed funding: $1B
- Latest round: Series H (Jul 7, 2021)
- Investors on record: 10

## About

Netskope, Inc., based in Santa Clara, California, is a provider of cloud-native security solutions that integrate security and networking, enabling enterprises to secure their data and applications effectively.Founded in 2012 in Santa Clara, California, Netskope, Inc. specializes in secure access service edge (SASE) solutions. The company was co-founded by Krishna Narayanaswamy and Sanjay Beri, who serves as the CEO. In January 2023, Netskope, Inc. raised USD 401 million in venture debt funding led by investor Morgan Stanley, with participation from other investors Goldman Sachs Asset Management, Ontario Teachers' Pension Plan, and CPP Investment Board also participated in the round.Netskope is a leader in the Secure Access Service Edge (SASE) market, offering a cloud-native platform that integrates security and networking to provide comprehensive solutions for enterprises. Their primary offerings include the Netskope One platform, which encompasses services such as Secure Web Gateway (SWG), Cloud Access Security Broker (CASB), Zero Trust Network Access (ZTNA), cloud firewall, and Software-Defined Wide Area Network (SD-WAN). These services are designed to secure data and applications across various environments, including cloud, on-premises, and hybrid setups, ensuring safe and efficient access for users regardless of location. The platform is particularly beneficial for organizations looking to enhance their security posture while simplifying their IT infrastructure. Netskope serves a diverse client base, including multinational corporations across industries such as finance, healthcare, and technology, with a focus on markets in North America, Europe, and Asia-Pacific.Netskope generates revenue primarily through a subscription-based model, offering various pricing plans tailored to meet the needs of their clients. Customers subscribe to their services for access to the Netskope One platform, which combines multiple security and networking solutions into a single offering. This model facilitates ongoing customer engagement and allows for scalability as clients expand their security requirements. The transactions typically involve annual or multi-year contracts, where clients pay for access to services such as the Netskope Zero Trust Engine and the Netskope One Gateway. The company's revenue is bolstered by partnerships with organizations that require integrated security solutions for their digital transformation efforts. The October 2024 acquisition enables Netskope, Inc. to enhance its data protection capabilities by integrating Dasera, Inc.'s DSPM technology, expanding its ability to secure structured, semi-structured, and unstructured data across a broader range of platforms and use cases.

## Funding rounds

- Series H, Jul 7, 2021, $300M — Accel, Lightspeed Venture Partners, Hong Shan, Sapphire Ventures, ICONIQ Capital, Geodesic Capital, Base Partners
- Series G, Jan 27, 2020, $300M — Accel, Lightspeed Venture Partners, Hong Shan, CPP Investment Board, Public Sector Pension Investment Board, Sapphire Ventures, Social Capital, ICONIQ Capital, Geodesic Capital, Base Partners
- Series F, Oct 29, 2018, $169M — Accel, Lightspeed Venture Partners, Sapphire Ventures, Social Capital, ICONIQ Capital, Geodesic Capital, Base Partners
- Series E, Jun 6, 2017, $100M — Accel, Lightspeed Venture Partners, Sapphire Ventures, Social Capital, ICONIQ Capital, Geodesic Capital
- Series D, Sep 15, 2015, $75M — Accel, Lightspeed Venture Partners, Social Capital, ICONIQ Capital
- Series C, May 1, 2014, $35M — Accel, Lightspeed Venture Partners, Social Capital
- Series B, May 3, 2013, $16M — Lightspeed Venture Partners
- Series A, Oct 1, 2012, $5.5M — Social Capital

## Investors

- Social Capital (https://capitalatlas.ai/funds/social-capital) — Series A, Series C, Series D, Series E, Series F, Series G
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B, Series C, Series D, Series E, Series F, Series G, Series H
- Accel (https://capitalatlas.ai/funds/accel) — Series C, Series D, Series E, Series F, Series G, Series H
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series D, Series E, Series F, Series G, Series H
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series E, Series F, Series G, Series H
- Geodesic Capital (https://capitalatlas.ai/funds/geodesic-capital) — Series E, Series F, Series G, Series H
- Base Partners (https://capitalatlas.ai/funds/base-partners) — Series F, Series G, Series H
- Hong Shan — Series G, Series H
- CPP Investment Board — Series G
- Public Sector Pension Investment Board — Series G