About Netskope
Netskope is a company based in Santa Clara (United States) founded in 2012 by Krishna Narayanaswamy and Sanjay Beri.. Netskope has raised $1.44 billion across 9 funding rounds from investors including Morgan Stanley, Accel and Lightspeed Venture Partners. The company has 530 employees as of April 07, 2024. Netskope has completed 5 acquisitions, including Infiot, Kadiska and Kloudless. Netskope operates in a competitive market with competitors including Zscaler, Cradlepoint, Aryaka Networks, Cato Networks and ZTE, among others.
- Headquarter Santa Clara, United States
- Employees 530 as on 07 Apr, 2024
- Founders Krishna Narayanaswamy, Sanjay Beri
- Stage Unicorn
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Sectors
TechnologyTelecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Netskope Software India Private Limited
- Date of Incorporation 01 Mar, 2013
- Jurisdiction Whitefield Road Bangalore, Karnataka, India
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Annual Revenue
$34.05 M (USD)0as on Mar 31, 2023
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Net Profit
$3.57 M (USD)0as on Mar 31, 2023
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EBITDA
$5.24 M (USD)0as on Mar 31, 2023
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Total Equity Funding
$1.44 B (USD)
in 9 rounds
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Latest Funding Round
$401 M (USD), Series I
Jan 05, 2023
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Investors
Morgan Stanley
& 12 more
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Employee Count
530
as on Apr 07, 2024
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Investments & Acquisitions
Infiot
& 4 more
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Software Development Team
124 people
Sales and Marketing
100 people
Leadership Team
48 people
Senior Team
31 people
Solutions Team
27 people
Product Management Team
24 people
Sr. Team
19 people
Data Analysis and Operations Team
12 people
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Funding Insights of Netskope
Netskope has successfully raised a total of $1.44B across 9 strategic funding rounds. The most recent funding activity was a Series I round of $401 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series I — $401.0M
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First Round
First Round
(01 Jun 2013)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series I - Netskope | Valuation | Morgan Stanley | |
| Jul, 2021 | Amount | Series H - Netskope | Valuation | Iconiq Capital | |
| Feb, 2020 | Amount | Series G - Netskope | Valuation | Sequoia Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Netskope
Netskope has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Morgan Stanley, Accel and Lightspeed Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Netskope
Netskope has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Infiot, Kadiska and Kloudless. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Digital transformation services are provided by Kadiska to organizations.
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2020 | ||||
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Cloud-based intelligent thin wireless edge access platform is provided.
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2018 | ||||
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Cyber threats are identified and investigated via big data analytics.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Netskope
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Netskope Comparisons
Competitors of Netskope
Netskope operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zscaler, Cradlepoint, Aryaka Networks, Cato Networks and ZTE, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cybersecurity and zero trust solutions are delivered for secure networks.
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| domain | founded_year | HQ Location |
Cloud-based network infrastructure for IoT applications is provided.
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| domain | founded_year | HQ Location |
Unified SASE solutions are delivered for enterprise connectivity and security.
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| domain | founded_year | HQ Location |
Cloud network security management software is offered for enterprises.
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| domain | founded_year | HQ Location |
Enterprise SD WAN network management solutions are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Netskope
Frequently Asked Questions about Netskope
When was Netskope founded?
Netskope was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Netskope located?
Netskope is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Who is the current CEO of Netskope?
Sanjay Beri is the current CEO of Netskope. They have also founded this company.
Is Netskope a funded company?
Netskope is a funded company, having raised a total of $1.44B across 9 funding rounds to date. The company's 1st funding round was a Series G of $340M, raised on Jun 01, 2013.
How many employees does Netskope have?
As of Apr 07, 2024, the latest employee count at Netskope is 530.
What is the annual revenue of Netskope?
Annual revenue of Netskope is $34.05M as on Mar 31, 2023.
What does Netskope do?
Netskope was founded in 2012 in Santa Clara, United States, as a provider in the cloud security sector. Operations focus on delivering visibility into cloud, web, and private application activities for organizations. Key solutions encompass data loss prevention, remote browser isolation, cloud firewalls, and additional network security measures. The platform supports enterprises in managing data and network risks across global operations.
Who are the top competitors of Netskope?
Netskope's top competitors include Zscaler, Cradlepoint and Cato Networks.
How many acquisitions has Netskope made?
Who are Netskope's investors?
Netskope has 13 investors. Key investors include Morgan Stanley, Accel, Lightspeed Venture Partners, Social Capital, and CPP Investments.
What is Netskope's valuation?
The valuation of Netskope is $7.5B as of Jul 2021.
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