Netskope raises $340 million in funding, $3 billion valuation

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Sienna Rowley
Sienna Rowley
Sienna is an editor at Cloud Host News. She is an internet enthusiast, always eager to explore the latest trend in the tech space. She is a modest family woman who loves traveling in her free time.

Netskope, Inc is founded in 2012. It is an American software-based company that helps to protect projects and data against threats in cloud application, web & infrastructure.

Recently has closed a $340 million deal, funding led by Sequoia Capital. As Crunchbase, Big online news website. The valuation of Netskope is nearly $3 million as total company funding reaches over $740 million.

In November 2018, Netskope’s funded by $168.7 million and it helped the company Netskope to affirm it’s unicorn status. No, any company representation gives thought on any possible upcoming IPO, even the company was funded by huge money.

As the company is founded in 2012 by Sanjay Beri. The software is delivered as a Saas via a distributed cloud in SOC-2 data centers. Netskope provides total security of data created and exposed in the cloud to data reach to personal devices and unmanaged cloud apps. Using patented technology, Netskope’s security platform provides context-aware governance of all data cloud usage in the company in real-time.

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