Netskope(NTSK)

Emerging#15 in Security

Santa Clara SSE/SASE pioneer (NASDAQ: NTSK, IPO Sep 2025 at $7.26B) with NewEdge 70+ data center network; $1.44B pre-IPO funding serving 2,400+ customers (30+ Fortune 100) competing with Zscaler for enterprise cloud security.

Company Overview

About Netskope

Netskope is a Santa Clara, California-based Security Service Edge (SSE) and Secure Access Service Edge (SASE) platform — publicly traded on NASDAQ (NASDAQ: NTSK) after completing its IPO in September 2025 at a $7.26 billion offering valuation — providing enterprise organizations with cloud-native security architecture through the Netskope One platform that unifies Cloud Access Security Broker (CASB), Next Generation Secure Web Gateway (SWG), Zero Trust Network Access (ZTNA), and SD-WAN into a single solution delivered through the NewEdge global network with 70+ data centers. With $1.44 billion in total pre-IPO funding and 2,400+ customers including 30+ Fortune 100 companies, Netskope is recognized as a Gartner Magic Quadrant Leader for SASE Platforms. Founded in 2012 by CEO Sanjay Beri, Krishna Narayanaswamy, Lebin Cheng, and Ravi Ithal.

Business Model & Competitive Advantage

Netskope's SASE architecture addresses the security and network access obsolescence that traditional perimeter security creates for cloud-first organizations: enterprises deploying 100+ SaaS applications, accessing cloud workloads on AWS/Azure/GCP, and supporting remote and hybrid employees need security that travels with the user to every application and location — while legacy security architectures (firewalls, VPNs, on-premises web proxies) force all traffic through a central choke point that creates latency, applies blunt policies blind to application context, and cannot inspect encrypted SaaS traffic inline. Netskope's inline proxy architecture (terminating and inspecting all web and cloud traffic for data exposure, threat content, and policy compliance using AI-powered classification of 500,000+ cloud apps) combined with NewEdge's proximity to cloud provider data centers (reducing the latency penalty of security inspection) delivers the performance and visibility that makes cloud-first security a viable enterprise architecture.

Competitive Landscape 2025–2026

In 2025, Netskope competes in the SSE, SASE, and cloud security market with Zscaler (NASDAQ: ZS, SSE market leader, $2.4B revenue), Palo Alto Prisma SASE (NASDAQ: PANW, integrated SASE platform), and Cloudflare One (NYSE: NET, SSE and zero trust platform, $1.6B+ revenue) for enterprise security team SASE platform consolidation and zero trust network access adoption. The September 2025 IPO on NASDAQ at $7.26 billion validates public market conviction in Netskope's SSE platform differentiation. The Microsoft partnership (enabling Netskope security controls with Microsoft 365 and Azure workloads) expands the enterprise GTM through the dominant enterprise software ecosystem. The 2025 strategy focuses on growing the SD-WAN integration (SASE platform completing with networking capabilities that compete with Cato Networks and VMware VeloCloud), building AI-native data security for protecting sensitive data submitted to LLM tools, and expanding the federal government and regulated industry deployments with FedRAMP-authorized cloud delivery.

Founded
2012
Headquarters
Santa Clara, California
Revenue
$7260M
Curated content • Fact-checked and verified

The Netskope Story

Founded in 2012
Santa Clara, California
Founded by Sanjay Beri, Krishna Narayanaswamy and 2 others

Founders

Sanjay BeriKrishna NarayanaswamyLebin ChengRavi Ithal
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Company Timeline

Major milestones in Netskope's journey

16
Total Events
7
Funding Rounds
4
Acquisitions
1
Product Launches
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Leadership Team

Meet the leaders behind Netskope

Sanjay Beri

Founder & CEO

Sanjay Beri founded Netskope in 2012 and brings over two decades of innovation and success in cloud, networking, and security industries. He leads the company's vision to secure organizations in the cloud and AI era.

Krishna Narayanaswamy

Founder & CTO

Krishna Narayanaswamy co-founded Netskope and serves as Chief Technology Officer, bringing two decades of technical and thought leadership in security and networking technologies.

Drew Del Matto

Chief Financial Officer

Drew Del Matto brings over 25 years of technology and finance experience, including deep expertise in security and network markets from previous CFO roles at Citrix Systems and Fortinet.

Parag Thakore

Chief Product Officer, SASE

Parag Thakore leads product strategy for Netskope's SASE offerings, driving innovation in cloud-native security and networking solutions.

Stéphane Mesguich

SVP, EMEA & LATAM Sales

Stéphane Mesguich joined Netskope in June 2024 and manages all sales and field teams across Europe, Middle East, Africa, and Latin America regions.

Wes Simons

SVP, North American Sales

Wes Simons leads North American sales operations, driving Netskope's growth across the critical U.S. and Canadian markets.

Open Positions

Reddit Discussions

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Key Differentiators

Emerging Innovator

Netskope is an emerging player bringing innovative solutions to the Security market.

Enterprise Scale

With $7260M in revenue, Netskope operates at enterprise scale with proven market validation.

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