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Cybersecurity firm Netskope raises $908.2 million in US IPO
Yahoo Finance·2025-09-18 07:03

By Echo Wang NEW YORK (Reuters) - Cybersecurity firm Netskope raised 908.2millioninaninitialpublicofferingintheUnitedStates,thecloudbasedcybersecuritycompanysaidonWednesday.TheSantaClara,Californiabasedcompanysoldabout47.8millionsharesat908.2 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 17to17 to 19 per share, confirming an earlier report by Reuters. This gives the company a valuation of 7.26billion,comparedwiththe7.26 billion, compared with the 7.5 billion it fetc ...