Network security company Netskope raised $908.2 million in its initial public offering in the United States.

Network security company Netskope announced that it raised $908.2 million in its IPO in the United States. The California-based company sold approximately 47.8 million shares at a price of $19 per share, at the higher end of its target range which had been previously raised to $17 to $19 per share. This brought the company's valuation to $7.26 billion, slightly lower than the $7.5 billion valuation from its 2021 funding round led by investment firm ICONIQ.