2 of the world’s 4 largest commercial banks.Today, among more than 1,500 worldwide customers, Netskope serves: Netskope’s approach to SASE and Zero Trust cloud architecture has seen rapid adoption by enterprises and governments all over the world, and has been repeatedly recognized by analysts and customers for its strengths in CASB, SWG, and ZTNA. Netskope’s cloud-native SASE architecture also includes NewEdge, the world’s fastest-growing and most-connected private cloud, which enables fast and secure access from any location to data, applications, and websites wherever they reside.Īs Gartner notes in its 2021 Strategic Roadmap for SASE Convergence, “by 2024, 30% of enterprises will adopt cloud-delivered SWG, CASB, ZTNA, and branch office firewall-as-a-service capabilities from the same vendor, up from less than 5% in 2020.”* Netskope’s Security Cloud delivers a comprehensive, cloud-native SASE platform of technologies that enable secure enterprise digital transformation and secure remote connectivity using integrated Zero Trust Network Access (ZTNA), Secure Web Gateway (SWG), and Cloud Access Security Broker (CASB) capabilities. As enterprises transform their legacy IT infrastructure and move applications and data to the cloud, security needs to transform as well. Netskope will continue to aggressively expand both its platform and go-to market amidst its hypergrowth to meet the strong demand for its market-leading Secure Access Service Edge (SASE) architecture.Ĭybercrime is increasing at an alarming rate. Following this significantly oversubscribed investment round, Netskope has achieved a post-money valuation of $7.5 billion.Ĭontinued investment in Netskope from premier investors further validates the company’s exceptional team, vision, track record of strong global execution, and opportunity to continue its rapid gaining of share in the fast-growing CAGR market which analysts estimate to be a $30 billion total addressable market by 2024, with cloud security CAGR growth estimated to exceed 30% over the next several years. Also participating in this latest funding round were all other major existing Netskope investors, including Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire Ventures, and Geodesic Capital. – J– Netskope, the SASE leader, today announced that the company has closed a new $300 million investment round led by existing investor ICONIQ Growth. We are proud to see the company’s impressive growth trajectory and excited to see what the future holds for Sanjay and his team.Highlights unprecedented global demand for digital transformation and Netskope’s market-leading SASE, Zero Trust, and cloud security solutions Today Netskope’s customers in LatAm include the largest telco’s, retailers, and financial institutions among many other corporations. We made our first investment in Netskope in 2018 and since then have strived to help grow its operations throughout Latin America. We are fortunate to have attracted truly exceptional investment partners who support and bring tremendous value to us, and we are pleased to take another step forward with them in our journey.” said Sanjay Beri, CEO and co-founder of Netskope. We were SASE before the term SASE existed and today we are seeing our vision manifest across the globe as enterprises increasingly turn to Netskope to enable secure digital transformation. “We started Netskope because we saw a cloud-centric, digital-first future of business that simply can’t be achieved using legacy approaches to security and networking. Netskope is now valued at $7.5B after a $300M financing backed by only existing investors including Base Partners, ICONIQ Capital, Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Geodesic Capital, and Sapphire Ventures.įrom our first conversations with Netskope CEO and Co-Founder Sanjay Beri and his team, we heard a compelling vision for the role of cloud in driving enterprise digital transformation, specifically how users, applications, and data would no longer be confined within corporate network perimeters and how new security, networking technology and deployment solutions would be required. As cloud security fundamentally changes the way companies do business, Netskope brings $300M of fresh capital and doubles down in Brazil and broader LatAm.
0 kommentar(er)
