November Private Market UpdateThe private market one year past the peak - down, not out
November Private Market Update
Netskope was founded in 2012 by Sanjay Beri and Lebin Cheng. In an interview with TechCrunch from February 2020, CEO Sanjay Beri stated that “an IPO is definitely a possible milestone in the journey, but … we’re not in a rush and have no capital needs...” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Netskope is a cloud-oriented cybersecurity provider. The company has raised approximately $740 million in Venture Capital funding from investors including Sequoia Capita, Alpha Square Group, Base Partners, Geodesic Capital, Sapphire Ventures, ICONIQ Capital, Accel, Lightspeed Venture Partners, and Social Capital. Per company press releases, Netskope last raised $340 million in February 2020 at a post-money valuation of nearly $3 billion.
Netskope does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Netskope will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 7/9/2021 | Series H | $300MM raised | $XXX.XX | $XXX.XX |
| 2/6/2020 | Series G | $349.82MM raised | $XXX.XX | $XXX.XX |
| 11/13/2018 | Series F | $168.7MM raised | $XXX.XX | $XXX.XX |
| 4/27/2017 | Series E | $100MM raised | $XXX.XX | $XXX.XX |
| 9/3/2015 | Series D | $75MM raised | $XXX.XX | $XXX.XX |
| 5/15/2014 | Series C | $35.01MM raised | $XXX.XX | $XXX.XX |
| 10/3/2013 | Series B | $15.9MM raised | $XXX.XX | $XXX.XX |
| 11/2/2012 | Series A | $5.5MM raised | $XXX.XX | $XXX.XX |
