Netskope Obtains $21,000,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=777925ed-2c1b-48fb-8d39-f40d8cbac546
Date
10/4/2013
Company Name
Netskope
Mailing Address
4984 El Camino Real Los Altos, CA 94022
Company Description
Netskope is the cloud app analytics and policy company. Only Netskope eliminates the catch-22 between being agile and being secure and compliant by providing complete visibility and enforcing sophisticated policies in cloud apps.
Website
http://www.netskope.com
Transaction Type
Venture Equity
Transaction Amount
$21,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company will use the $21 million in funding primarily for sales expansion and product development to meet growing market demand.
M&A Terms
Venture Investor
The Social+Capital Partnership
Venture Investor
Lightspeed Venture Partners