Cloud netskope 300m iconiq growth5/30/2023 Prior to that, it was a $168.7 million round at the end of 2018. With this new round, Netskope continues to rack up large rounds: it raised $340 million last February, which gave it a valuation of nearly $3 billion. “The theory is that digital transformation is inevitable, so our vision is to transform that market so people could do that, and that is what we are building nearly a decade later.” We deeply value our investment partnership with the company and are excited to expand it as we continue on this journey.“What we had before in the market didn’t work for that world,” he said. Netskope is pointing the way to where cloud, networking, security, and data protection are headed long-term. “The demand for Netskope as part of a properly designed SASE architecture is very strong, and Sanjay and the entire Netskope team are seizing their moment. “Digital transformation doesn’t happen without network transformation and security transformation, and we believe that’s where Netskope delivers like no other provider,” said Will Griffith, founding partner of ICONIQ Growth. We are fortunate to have attracted a truly exceptional team and set of partners, customers and industry luminaries who support and bring tremendous value to us, and we are pleased to take another step forward with all of them in our journey.” ![]() “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,” said Sanjay Beri, CEO and co-founder of Netskope.
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