Netskope Aims for $6.5 Billion Valuation in Upcoming US IPO

Reported about 16 hours ago

Cybersecurity firm Netskope plans to achieve a valuation of up to $6.5 billion in its initial public offering (IPO) in the United States, indicating a renewed interest in new market listings. The company seeks to sell 47.8 million shares priced between $15 and $17 each, aiming to raise as much as $813 million. Founded in 2012 and based in Santa Clara, California, Netskope develops cloud security software to protect businesses from cyber threats and faces competition from industry giants such as Palo Alto Networks and Zscaler.

Source: YAHOO

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