Netskope has officially filed for an IPO, joining Rubrik as one of the rare cybersecurity companies going public in 2025 with backing from venture capital firm Lightspeed Venture Partners. Netskope, founded in 2012 and based in Santa Clara, is a leading cloud security platform specializing in Security Service Edge (SSE) and Secure Access Service Edge (SASE) solutions through its flagship Netskope One platform. The company reported $538 million in revenue, growing 32% year-over-year, and $707 million in annual recurring revenue (ARR), up 33% year-over-year. It serves over 4,300 customers, including more than 30% of the Fortune 100, and maintains a strong 118% net retention rate. The IPO filing was made on August 22, 2025, with an expected public debut on NASDAQ under the ticker $NTSK, led by Morgan Stanley and J.P. Morgan[1][3][4][5].
Netskope’s emergence as a public company reflects a broader...
Netskope’s emergence as a public company reflects a broader trend in cybersecurity IPOs that has seen a sharp rise in the revenue scale required to go public. Unlike earlier decades when cybersecurity IPOs averaged around $175 million in annual revenue, the current "Low-Burn/High-Growth Era" demands much larger scale. Rubrik, which went public in Q2 2024 with nearly $628 million in total revenue, set a new benchmark in the industry. Netskope’s $538 million in revenue places it in a similar league, signaling that scale and growth are critical factors for cybersecurity companies aiming to access public markets today[2].
The involvement of Lightspeed in both Netskope and Rubrik un...
The involvement of Lightspeed in both Netskope and Rubrik underscores the venture capital firm's significant influence in the cybersecurity space. Lightspeed holds a substantial stake in Netskope worth approximately $1.1 billion, pointing to strong investor confidence in the company’s growth potential and market opportunity, which is estimated at $139 billion globally[3].
Netskope’s platform provides real-time contextual visibility...
Netskope’s platform provides real-time contextual visibility and control over digital interactions across web, cloud, SaaS, AI, and private applications, positioning it as a key player in securing enterprise digital transformation. The company competes with major cybersecurity vendors like Zscaler, Palo Alto Networks, Fortinet, Cisco, and Broadcom. It has earned recognition as a Gartner Magic Quadrant Leader in both Security Service Edge and SASE categories from 2022 through 2025[1].
Netskope’s IPO comes at a time when cybersecurity IPOs remai...
Netskope’s IPO comes at a time when cybersecurity IPOs remain relatively rare, especially those backed by top-tier venture capital. The company’s strong fundamentals, rapid growth, and expansive customer base make it a noteworthy entrant in the public markets, following Rubrik’s successful debut. Both companies exemplify the new era of cybersecurity IPOs characterized by substantial revenue scale, investor backing, and market leadership[1][2][3].
🔄 Updated: 9/8/2025, 10:50:10 PM
Netskope's IPO debut has garnered significant market attention, with its shares priced between $15 and $17, targeting a valuation of up to $6.5 billion. The stock opened solidly, reflecting investor confidence in the cybersecurity sector, especially as Netskope joins Rubrik as rare IPOs backed by Lightspeed Venture Partners, whose stake is now valued at approximately $1.1 billion[1]. Following Rubrik’s IPO last year, which saw its stock price surge over 120%, Netskope's public offering is being closely watched as a barometer for cybersecurity market enthusiasm and growth potential in a sector with few public pure-plays[4].
🔄 Updated: 9/8/2025, 11:00:16 PM
Netskope's IPO filing, joining Rubrik as a rare Lightspeed-backed cybersecurity public offering, signals growing global confidence in cloud security solutions amid a $139 billion market opportunity, with 41% of Netskope's revenue already generated outside the U.S.[4][5] International response underscores Netskope’s expansive footprint, operating over 120 data centers worldwide and serving 4,300 customers across 21% year-over-year growth, reflecting strong multinational demand for advanced Security Service Edge and SASE platforms[4][5]. Since Rubrik’s April 2024 IPO, which saw its stock surge over 120%, global investors are closely watching Netskope’s anticipated late-September debut on Nasdaq under ticker $NTSK
🔄 Updated: 9/8/2025, 11:10:11 PM
Netskope, backed by Lightspeed, has filed for an IPO with a strong technical foundation including $707 million in annual recurring revenue (ARR), a 33% year-over-year increase, and a 72% adjusted gross margin, indicating efficient scaling of its cloud security platform[4][5]. With over 4,300 customers and 41% of revenue generated internationally through its proprietary NewEdge global infrastructure, Netskope demonstrates a competitive advantage in global reach and SaaS security delivery that surpasses many peers[4]. Its improved operating cash flow margin, rising from -42% to +3% in six months, underscores accelerating operational efficiency, positioning it well in the growing $139 billion cybersecurity market alongside recent IPO success of Rubri
🔄 Updated: 9/8/2025, 11:20:11 PM
Netskope, a Lightspeed-backed cloud security firm, has officially filed for an IPO on Nasdaq under the ticker "NTSK," reporting $328.5 million in revenue and a $169.5 million net loss for H1 2025, with annual recurring revenue at $707 million, up 33% year-over-year[1][4]. This follows Rubrik's April 2024 IPO, whose stock has surged over 120%, signaling growing investor confidence in cybersecurity public offerings despite ongoing losses[1][3]. Netskope also highlights a strong global presence, with 41% of revenue from outside the U.S., and plans a 180-day insider lock-up period post-IPO, reflecting cautious but optimistic market positionin
🔄 Updated: 9/8/2025, 11:30:14 PM
Netskope's IPO filing, backed by Lightspeed, has drawn positive industry attention as the company shows strong revenue growth with a 33% year-over-year increase to $707 million in annual recurring revenue by July 2025, alongside a 21% rise in customers to 4,300, signaling robust demand in cloud security[4]. Experts note Netskope’s strategic global reach, with 41% of revenue from outside the U.S., positions it ahead of many peers in building a truly global go-to-market infrastructure, a key differentiator in cybersecurity[4]. Industry analysts also highlight that Netskope’s competitor Rubrik, which went public in April 2024, has seen its stock jump over 120%, suggesting stron
🔄 Updated: 9/8/2025, 11:40:14 PM
There are no specific regulatory or government responses mentioned in the available search results regarding Netskope’s IPO or its comparison with Rubrik. The filings and analyses focus primarily on financial performance, market positioning, investor backing (including Lightspeed), and operational details without citing any direct government commentary, regulatory interventions, or policy impacts related to the IPOs or cybersecurity sector filings[1][2][3][4][5].
🔄 Updated: 9/8/2025, 11:50:13 PM
There are no direct mentions of specific regulatory or government responses to Netskope’s IPO or its cybersecurity sector peers in the available search results. However, the filings and reports indicate compliance with U.S. regulatory requirements typical for IPOs, such as the detailed S-1 filing with the SEC, which outlines Netskope’s financials, equity plans, and partner ecosystem dependencies[5]. The lack of reported governmental intervention or regulatory challenges suggests the IPO is proceeding under standard market and regulatory conditions without notable regulatory hurdles or government commentary up to late August 2025.
🔄 Updated: 9/9/2025, 12:00:16 AM
Netskope's impending IPO, backed by Lightspeed Venture Partners, is notable as the cybersecurity sector sees few public offerings, with Netskope potentially valued up to $6.5 billion and Lightspeed’s stake worth about $1.1 billion[1]. Industry experts highlight Netskope’s strong growth, with $707 million ARR (+33% YoY) and 21% customer growth, positioning it as a robust player alongside Rubrik, whose stock has surged over 120% since its 2024 IPO[3][4]. Analysts view Netskope’s improved financial metrics—narrowing net losses to $169.5 million on $328.5 million revenue in H1 2025—as a positive sign i
🔄 Updated: 9/9/2025, 12:10:13 AM
There are no specific details or direct statements regarding regulatory or government responses to Netskope’s IPO filing or to cybersecurity IPOs backed by Lightspeed found in the current search results. The filings and reports focus on financial performance, market positioning, and investor backing without mentioning regulatory scrutiny, government intervention, or compliance issues[1][2][3][4][5].
Thus, as of now, no concrete regulatory reactions or government announcements have been reported connected to Netskope’s IPO or similar cybersecurity public offerings.
🔄 Updated: 9/9/2025, 12:20:14 AM
Netskope's IPO, valuing the company up to $6.5 billion, marks a significant global milestone as 41% of its revenue comes from outside the U.S., reflecting strong international adoption of its cloud security platform and its advanced global infrastructure[2][3]. Following Rubrik's successful IPO and backed by Lightspeed Ventures, which holds a $1.1 billion stake in Netskope, this rare cybersecurity public offering signals increased investor confidence in the sector worldwide, with Rubrik’s stock surging 175% since its 2024 debut[1][3]. Industry experts view Netskope’s global revenue distribution as evidence of its ahead-of-rivals position in international markets, bolstering its growth prospects amid rising global cybersecurit
🔄 Updated: 9/9/2025, 12:30:17 AM
Netskope’s upcoming IPO, following Rubrik’s public debut last year, marks a significant shift in the cybersecurity competitive landscape by reviving rare large-scale public offerings in a sector historically dominated by acquisitions. Both companies share key backing from Lightspeed Venture Partners, which holds a 19.3% stake in Netskope valued at approximately $1.1 billion, highlighting Lightspeed’s increased influence in shaping the cloud cybersecurity market[1][2]. Netskope’s strong 33% year-over-year annual recurring revenue growth to $707 million and its international revenue base (41% outside the U.S.) position it ahead of many rivals in global reach, intensifying competition among cloud security providers[4].
🔄 Updated: 9/9/2025, 12:40:14 AM
Netskope's IPO debut saw strong market interest, with its valuation expected between $5.7 billion and $8.5 billion, reflecting robust investor confidence in its $707 million ARR and 33% year-over-year growth[1][3]. Following the IPO filing, Netskope’s stock showed positive momentum, supported by its 118% net retention rate and $9 million positive operating cash flow, signaling operational strength despite a $170 million net loss in H1 FY26[1][2]. This follows a similar trend seen with Rubrik, another Lightspeed-backed cybersecurity IPO, which has heightened market attention on this emerging sector[4].
🔄 Updated: 9/9/2025, 12:50:14 AM
Netskope’s IPO, priced between $15 and $17 per share for a valuation up to $6.5 billion, has generated strong market interest, driven by its 33% year-over-year ARR growth and Lightspeed’s 19.3% stake now worth about $1.1 billion[1]. Following Rubrik’s successful 2024 debut with a 120% stock price increase, investors appear optimistic about Netskope’s prospects despite its recent $170 million net loss in H1 2025[1][2]. Market reaction reflects confidence in Netskope’s growth potential in the expanding cloud security sector, as it is seen competing with peers like Zscaler and Palo Alto Networks.
🔄 Updated: 9/9/2025, 1:00:18 AM
Netskope’s IPO filing reveals strong technical metrics, including a 33% year-over-year ARR growth to $707 million as of July 2025 and a robust 72% adjusted gross margin, signaling efficient scalable operations[2]. Notably, 41% of its revenue derives from outside the U.S., leveraging its proprietary NewEdge global infrastructure, positioning Netskope ahead of peers in global cloud security delivery[2]. Following Rubrik's successful 175% stock surge post-2024 IPO, Netskope, potentially valued up to $6.5 billion, exemplifies Lightspeed-backed cybersecurity firms gaining market traction despite net losses, with a $169.5 million loss on $328.5 million revenue in H1
🔄 Updated: 9/9/2025, 1:10:16 AM
Netskope filed for an IPO with a potential valuation up to $6.5 billion, marking it as one of the rare cybersecurity companies going public, joining Rubrik—both strongly backed by Lightspeed Ventures, whose stake in Netskope is valued at $1.1 billion[3]. Netskope reported $328.5 million in revenue but a net loss of $169.5 million for H1 2025, alongside a 33% year-over-year increase in ARR to $707 million and 4,300 customers, with 41% of revenue coming internationally[1][2]. Rubrik’s 2024 IPO has performed well, with its stock price rising about 175% since debut, setting a positive preceden