Netskope

Netskope

Cloud security solutions for enterprises

About Netskope

Simplify's Rating
Why Netskope is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Cybersecurity

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

$1.4B

Headquarters

Santa Clara, California

Founded

2012

Overview

Company Historically Provides H1B Sponsorship

Netskope provides cloud security solutions specifically designed for large enterprises that are transitioning to cloud-based systems. The company offers a range of products and services, including real-time data protection, threat detection, and secure access service edge (SASE) solutions. These tools work by focusing on the data itself, ensuring that it is protected from various threats in cloud environments. Unlike many competitors, Netskope emphasizes a data-centric approach, which means they prioritize securing the data over just the network or devices. Their business model is based on subscription services, allowing clients to access their comprehensive suite of security tools while providing Netskope with a consistent revenue stream. The goal of Netskope is to help organizations securely manage their digital transformation by providing effective and real-time security solutions.

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Simplify's Take

What believers are saying

  • Increased demand for SASE solutions supports Netskope's growth in hybrid work environments.
  • Partnerships with major tech companies like Microsoft expand Netskope's market reach.
  • Recognition as a leader in the Gartner Magic Quadrant boosts Netskope's industry credibility.

What critics are saying

  • Increased competition from emerging cybersecurity startups could challenge Netskope's market position.
  • Over-reliance on Microsoft partnerships poses risks if these relationships weaken.
  • The upcoming IPO may pressure Netskope to prioritize short-term financial results.

What makes Netskope unique

  • Netskope offers a global security private cloud with edge computation capabilities.
  • The company focuses on a data-centric approach, protecting data rather than just networks.
  • Netskope's integration with Microsoft enhances its data discovery and protection capabilities.

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Funding

Total Funding

$1441.5M

Above

Industry Average

Funded Over

9 Rounds

Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Convertible Funding Comparison
Coming Soon

Benefits

Remote Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

↓ -1%

1 year growth

↓ -2%

2 year growth

↑ 0%
Netskope
Jul 1st, 2025
Are Your VPNs and NACs Secretly Sabotaging Your Security?

To explore this shift, Netskope partnered with Cybersecurity Insiders, a leading research platform for CISOs and cybersecurity professionals, to dig into the real risks of relying on outdated access solutions.

PR Newswire
Jun 16th, 2025
Netskope Strengthens Relationship With Microsoft To Streamline Data Discovery, Classification, And Protection Across The Enterprise

Seamless integration of Netskope One capabilities with Microsoft tools delivers flexibility and best-in-class security for modern AI and cloud environmentsSANTA CLARA, Calif., June 16, 2025 /PRNewswire/ -- Netskope , a leader in modern security and networking, today announced expansions to its collaboration with Microsoft to provide comprehensive data security throughout enterprise cloud and AI environments. These include the integration of Netskope unified data security with Microsoft Purview, using capabilities of the Netskope One platform to streamline collaboration across security teams and provide consistent policies, faster response times, and smooth operations for cloud, AI, network, and endpoint protection. Today, Netskope's strategic integrations with Microsoft include Microsoft Purview, Sentinel, Security Copilot, and Entra SSE, among others.Netskope unified data security integrates with Microsoft Purview so that together, Netskope and Microsoft empower enterprise customers to extend the value of their Microsoft investments, including the following benefits:Expanding discovery and classification by extending Microsoft Purview DLP data insights beyond Microsoft's ecosystem to the broader network. Netskope One unified data security detects and classifies sensitive data, including transactions with AI applications, sensitive content uploaded into unsanctioned cloud storage providers, social media posts, form submissions, and more.by extending Microsoft Purview DLP data insights beyond Microsoft's ecosystem to the broader network. Netskope One unified data security detects and classifies sensitive data, including transactions with AI applications, sensitive content uploaded into unsanctioned cloud storage providers, social media posts, form submissions, and more. Unifying data security and governance by configuring Microsoft Purview DLP policies once and applying them seamlessly across endpoints, SaaS, IaaS, and network traffic, reinforced by Netskope One advanced security controls.by configuring Microsoft Purview DLP policies once and applying them seamlessly across endpoints, SaaS, IaaS, and network traffic, reinforced by Netskope One advanced security controls

PR Times
Jun 11th, 2025
Geodesic Capital's $250M Geodesic Alliance Fund

Geodesic Capital announced the completion of the initial funding round for its new "Geodesic Alliance Fund," raising $250 million. The fund aims to enhance US-Japan tech and security cooperation by investing in early-stage US startups in AI, space, cybersecurity, and dual-use deep tech. The fund will provide strategic advice and support to its portfolio companies. The first investment is expected by 2025, with final fundraising completion by 2026.

ProInvestor
May 28th, 2025
Netskope Plans $500M IPO with MS

Netskope is preparing for a U.S. IPO, with Morgan Stanley leading the effort. The IPO could raise over $500 million and is expected to launch in the third quarter.

PR Newswire
May 23rd, 2025
Netskope Named a Leader in the Gartner(R) Magic Quadrant(TM) for Security Service Edge for 4th Year in a Row

Netskope has been named a Leader in every year this report has been published, and in 2025 is again cited furthest in Completeness of Vision and for its high Ability to Execute.

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