Netskope Raises Over $908 Million in IPO

According to SecurityWeek, Netskope has debut on Nasdaq and its shares rose more than 18%, boosting the company’s value to about $8.6 billion. The California-based secure access service edge provider priced its IPO at $19 per share, selling 47.8 million shares to raise $908.2 million. After the first day of trading, the stock climbed to around $22.49, with an intraday high of $24.40. The IPO initially valued the firm at roughly $7.3 billion, before rising to about $8.6 billion following the first day’s performance.

Netskope reported ARR of $707 million for the first half of 2025, but recorded a net loss of $170 million in H1 2025. The company’s offering includes SSE, CASB, SaaS and data security posture management, firewall, private access, threat protection and networking products.