Cybersecurity firm Netskope raised $908 million in IPO, source says

Cybersecurity firm Netskope raised $908 million in IPO, source says

Cybersecurity firm Netskope raised $908 million in IPO, source says

By Echo Wang

NEW YORK (Reuters) -Cybersecurity firm Netskope raised $908 million in its U.S. initial public offering, pricing its stock at the top of the marketed range at $19 a share, according to a source familiar with the matter.

This gives the company a valuation of $7.26 billion.

(Reporting by Svea Herbst-Bayliss; Editing by Chris Reese)

Leave a Comment

Your email address will not be published. Required fields are marked *