Cloud Security Firm Netskope Files for IPO Amid Reviving Market
ByAinvest
Monday, Aug 25, 2025 1:32 pm ET1min read
RBRK--
Netskope, a California-based cloud security startup backed by Lightspeed, has filed to go public on the Nasdaq. The company has grown its revenue and shrunk its losses, reporting a net loss of $169.5 million on revenue of $328.5 million in the first half of this year. Founded in 2012, Netskope was last valued at $7.5 billion after a $300 million funding round in 2021. Its rival Rubrik went public in April and its stock price has risen by over 120%.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet