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Cybersecurity firm Netskope notches $8.8 billion valuation as shares jump in Nasdaq debut
Yahoo Finance· 2025-09-18 16:06
By Atharva Singh, Arasu Kannagi Basil and Echo Wang (Reuters) - Cybersecurity firm Netskope commanded an $8.79 billion valuation as its shares jumped 21% in their Nasdaq debut on Thursday, adding to a string of successful tech IPOs this year. The Santa Clara, California-based company's shares opened at $23 apiece, well above the $19 offer price. Netskope raised $908.2 million in its IPO by selling 47.8 million shares at the top end of its bumped-up range of $17 to $19 apiece. The U.S. IPO market is enjo ...
Cybersecurity firm Netskope raises $908.2 million in US IPO
Yahoo Finance· 2025-09-17 23:03
By Echo Wang NEW YORK (Reuters) - Cybersecurity firm Netskope raised $908.2 million in an initial public offering in the United States, the cloud-based cybersecurity company said on Wednesday. The Santa Clara, California-based company sold about 47.8 million shares at $19 apiece, at the higher end of its target range, which it had previously raised to $17 to $19 per share, confirming an earlier report by Reuters. This gives the company a valuation of $7.26 billion, compared with the $7.5 billion it fetc ...