Netskope, a provider of secure access service edge (SASE), has announced that it has raised USD 401 million in a financing round that was oversubscribed.
The business has raised close to USD 1.5 billion so far. With participation from CPP Investments, Goldman Sachs Asset Management, and the Ontario Teachers’ Pension Plan, Morgan Stanley Tactical Value led the new investment round. The 2012-founded company Netskope, based in Santa Clara, California, offers a converged SASE platform that offers users, devices, and data optimized access as well as zero trust-based security.
Also Read: Four Major SASE Challenges to Address
The platform provides web security, data and threat protection, data loss prevention (DLP), Cloud Access Security Broker (CASB), and content filtering by fusing security service edge (SSE) and borderless SD-WAN technologies.
Read More: SASE Company Netskope Raises $401 Million
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