Netskope Announces Series F Funding Round

The $168.7 million round will go toward R&D and global expansion, says cloud access security broker provider.

Netskope, a cloud access security broker (CASB) provider, has announced a $168.7 million Series F funding round. The company says it plans to use the funds to increase R&D and global expansion efforts.
The Series F round was led by existing investor Lightspeed Venture Partners. Current investors Accel, Geodesic Capital, Iconiq Capital, Sapphire Ventures, and Social Capital also participated, as well as new investor Base Partners. The round brings Netskopes total funding raised to $400.1 million.
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Netskope Announces Series F Funding Round