Geodesic Capital has invested in Netskope, a leading cloud security provider, during its latest funding round valuing the company at $7.5 billion, reflecting confidence in Netskope's growth potential in the expanding cybersecurity market.
Information on the Target
Netskope, founded in 2012, is a leader in cloud security, recognized for its innovative data-centric approach. The company was established with the foresight that the adoption of cloud applications and data access would accelerate more rapidly than anticipated, leaving traditional security measures inadequate. By monitoring and protecting data at all points of access, including unmanaged cloud applications and personal devices, Netskope addresses the evolving security needs of businesses as they transition to digital platforms.
Since its inception, Netskope has been committed to providing robust security solutions that follow data wherever it goes. Their strategic positioning in the market has enabled them to capitalize on the growing demand for security solutions, particularly as organizations globally are facing the challenges associated with remote work and digital transformation.
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Industry Overview in Japan
The cybersecurity industry in Japan has been experiencing significant advancements, driven by the rapid digitalization of businesses and increasing concerns over data breaches and cyber threats. As companies embrace cl
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Geodesic Capital
invested in
Netskope
in 2023
in a Late-Stage VC deal
Disclosed details
Enterprise Value: $7,500M