Netskope
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![]() Netskope headquarters in March 2020 | |
Type | Private |
---|---|
Founded | 2012 |
Founder | Sanjay Beri, Lebin Cheng, Ravi Ithal, Krishna Narayanaswamy |
Headquarters | Santa Clara, California, United States |
Key people | Sanjay Beri (CEO) |
Products | Netskope Security Cloud, Netskope for SaaS, Netskope for IaaS, Netskope for Web, Netskope Private Access, CASB, Next Gen Security Web Gateway |
Number of employees | 1500 |
Website | https://www.netskope.com |
Netskope is an American software company providing a computer security platform. The platform offers cloud-native solutions[buzzword] to businesses for data protection and defense against threats in cloud applications, cloud infrastructure, and the web.[1] Netskope is considered a "leader in its field" status for its Cloud Access Security Brokers (CASB) product from Gartner.[2][3][4]
Netskope is based in Santa Clara, California, with a software development facility in Bangalore, India, and further offices in San Francisco, Redmond, New York, St. Louis, London, Melbourne, Leganés and Singapore.[5]
History[]
Netskope was founded in 2012 by Sanjay Beri (current CEO), Lebin Cheng, Ravi Ithal, and Krishna Narayanaswamy with an initial venture capital of approximately $21m.[5][6] In October 2013, one year after being founded, Netskope launched its first openly available security software.[6] In that same month, it announced the formation of an advisory team and appointed Enrique Salem, former Symantec chairman and CEO to its board of directors.[7] In 2014, Netskope raised $35m in funding.[8] By mid-2015, the company announced plans to expand to the Australia and New Zealand market and in September, Netskope raised a further $75m in a round led by ICONIQ Capital.[9]
In 2016, the first two patents were issued to Netskope - Patents 9,270,765 and 9,398,102 for security for network delivered services.[10][11] In June 2017, Netskope closed the most successful funding round yet, securing $100m in a round led by Lightspeed Venture Partners.[12] The following month, Netskope acquired Sift Security, also a software company with a focus on next-generation cloud infrastructure security.[13] The acquisition brought Sift’s IaaS ‘Cloud Hunter’ into Netskope’s Security Cloud.[14] A year later, in June 2018, Patent 9,928,377 for context-aware data loss prevention was issued to Netskope.[15] 2018 also saw another round of funding for Netskope, as the company raised a further $168.7m in November.[2][16]
In 2019, former Citrix and Fortinet executive Drew Del Matto was appointed CFO of Netskope.[17] In February 2020, just before the release of the Netskope Private Access solution[buzzword] to the general public, the company raised $340m in additional investment in a round led by Sequoia Capital Global Equities.[14][18] This brings the funding to-date to a total of $740m.[19]
As of February 2020, the company is valued at almost $3 billion – having tripled its valuation over the period of 15 months.[17][19] Overall, Netskope has experienced an average of 80% year-over-year growth in number of customers, which include 25% of the Fortune 100 companies.[20]
Netskope has been named a Leader in Gartner Magic Quadrant for Cloud Access Security Brokers and made the Forbes Cloud 100 list.[2][21]
In September 2020, Cybersecurity and Exclusive Networks have signed a distribution deal with Netskope. The arrangement would dramatically help the growing company demand for the Netskope Security Platform.[22]
Technology and products[]
![]() | This article contains content that is written like an advertisement. (September 2020) |
![]() | This article appears to contain a large number of buzzwords. (September 2020) |
The Netskope cloud security platform is aimed at providing enterprises with threat protection, data loss protection, visibility, and real-time insights across cloud services, including Microsoft’s Azure platform, Google Cloud, and Amazon AWS.[1] API-supported applications include Cisco WebEx, Dropbox, GitHub, Google Drive, Gmail, Microsoft OneDrive, Office 365, Salesforce and SharePoint, Slack, among others.[23]
Netskope software uses a SaaS (software as a service) model, delivered via a distributed cloud in SOC-2 and SOC-3 data centers. It steers cloud and Web traffic to a cloud-native service for inspection and policy enforcement. Clients of Netskope log into the software via a web browser interface where they can access reports and analytics on cloud, cloud usage, compliance, and set policies to control and secure specific usage behavior or alert an administrator.[24]
Netskope has different deployment options for traffic steering for analysis and policy control. These include log ingestion, API connectors, an agent-less forward proxy, reverse proxy, as well as a thin client (“agent”) and profile for remote users on PCs or mobile devices, and GRE and IPsec tunneling. Netskope can enforce policies including data loss prevention (DLP), anti-malware, encryption, access control, and incident management services on the cloud and web traffic it inspects.[25]
The platform includes a cloud-native component named a Next Generation Secure Web Gateway – combining Netskope’s original CASB inline technology with inline web gateway, threat protection and data loss prevention services.[26] In July 2019, Netskope added NewEdge into its platform – network infrastructure with a goal of improving user experience via high-capacity and low-latency. NewEdge provides real-time security that is delivered using an SDN overlay. At the time of release, NewEdge had 50 points of presence, totaling over 100Tb/s total capacity.[27]
Secure access to private enterprise applications was added with the Private Access product, first introduced in June 2019 and made generally available in February 2020.[26]
References[]
- ^ a b Konrad, Alex (September 11, 2019). "The Cloud 100". Forbes. Retrieved 2020-03-30.
- ^ a b c Lyons Hardcastle, Jessica (November 13, 2018). "Latest Security Unicorn Netskope Scores $168.7M Series F". SDxCentral.
- ^ Riley, Steve; Lawson, Craig (October 22, 2019). "Magic Quadrant for Cloud Access Security Brokers". Gartner. Retrieved 2020-03-30.
- ^ "Netskope hauls in another $340M investment on nearly $3B valuation". TechCrunch. Retrieved 2020-03-30.
- ^ a b "A look at cloud security leader Netskope (and how to get hired there)". Ladders | Business News & Career Advice. Retrieved 2020-03-30.
- ^ a b "Fresh Out of Stealth, Gray Matter Eyeing Big Data Services". SiliconANGLE. 2013-10-10. Retrieved 2020-03-30.
- ^ E.F. Brown, Steven (October 23, 2013). "Enrique Salem takes seat on Netskope board of directors". Business Times. Retrieved 2020-03-30.
- ^ Kepes, Ben. "Netskope Raises $35M To Secure The Enterprise Cloud". Forbes. Retrieved 2020-03-30.
- ^ Chanthadavong, Aimee. "Netskope eyes APAC expansion with $75m Series D funding". ZDNet. Retrieved 2020-03-30.
- ^ "US Patent for Security for network delivered services Patent (Patent # 9,270,765 issued February 23, 2016) - Justia Patents Search". patents.justia.com. Retrieved 2020-03-30.
- ^ "US Patent for Security for network delivered services Patent (Patent # 9,398,102 issued July 19, 2016) - Justia Patents Search". patents.justia.com. Retrieved 2020-03-30.
- ^ "Cloud security broker Netskope raises $100m more led by Lightspeed and Accel". TechCrunch. Retrieved 2020-03-30.
- ^ "Netskope nabs Sift Security to enhance infrastructure cloud security". TechCrunch. Retrieved 2020-03-30.
- ^ a b "Netskope acquires Sift Security for next generation IaaS tools". Cloud Tech News. Retrieved 2020-03-30.
- ^ "US Patent for Systems and methods of monitoring and controlling enterprise information stored on a cloud computing service (CCS) Patent (Patent # 9,928,377 issued March 27, 2018) - Justia Patents Search". patents.justia.com. Retrieved 2020-03-30.
- ^ "Netskope raises $168.7M at a $1B+ valuation for its cloud security platform". TechCrunch. Retrieved 2020-03-30.
- ^ a b "Cloud security platform Netskope raises $340 million at $3 billion valuation". VentureBeat. 2020-02-06. Retrieved 2020-03-30.
- ^ "Exclusive: Cloud Securer Netskope Raises $170 Million, Sprouts 'Unicorn' Horn". Fortune. Retrieved 2020-03-30.
- ^ a b Novinson, Michael (2020-02-06). "Cloud Security Firm Netskope Raises $340 Million To Fulfill Demand". CRN. Retrieved 2020-03-30.
- ^ Schubarth, Cromwell. "Santa Clara cybersecurity unicorn hits nearly $3B valuation in $340M funding". Business Journal. Retrieved 2020-03-30.
- ^ "#64 Netskope - Forbes Cloud 100". Forbes. Retrieved 2020-03-30.
- ^ "Exclusive Networks signs distribution deal with NetSkope". techcentral. 18 September 2020. Retrieved 23 September 2020.
- ^ "Understand CASB technology before you buy". SearchCloudSecurity. Retrieved 2020-03-30.
- ^ "Netskope for SaaS: CASB Product Review and Analysis". eSecurity Planet. Retrieved 2020-03-30.
- ^ Intelligence, Global Business. "Netskope talk their Cloud Security platform via cases & comparisons | CISO Event". www.gbievents.com. Retrieved 2020-03-30.
- ^ a b Lyons Hardcastle, Jessica (February 9, 2020). "Netskope CEO: Don't Fall for SASE Washing".
- ^ Lyons Hardcastle, Jessica (July 25, 2019). "Netskope Pushes Security to the Edge". SDxCentral.
- Software companies based in the San Francisco Bay Area
- Companies based in Santa Clara County, California
- Cloud computing providers
- Cloud computing
- Cloud platforms
- Software companies of the United States