Funding round
Netskope Series B
Netskope, which works in security and networking solutions development in Santa Clara, raised $16M in a Series B round announced on 1 Jan 2013. 1 firm took part. It is Netskope's second venture round on record; the one before was a Seed in Jan 2013.
$16M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Netskope did not disclose a valuation in this round. It is 1.5% of the $1.04B Netskope has raised in the venture rounds on record. Netskope raised again 16 months later: a Series C round of $35M in May 2014, at $200M post-money.
Netskope's funding rounds
Netskope has 8 venture rounds on record and 1 other deal. This one is highlighted.
- Seed 1 Jan 2013, led by Social Capital $5.5M
- Series B this round 1 Jan 2013 $16M
- Series C 15 May 2014, led by Accel $35M$200M post-money
- Series D 3 Sep 2015, led by Iconiq Capital $75M
- Series E 6 Jun 2017, led by Lightspeed Venture Partners and Accel $100M
- Series F 13 Nov 2018, led by Lightspeed Venture Partners $169M$1.00B post-money
- Growth 6 Feb 2020, led by Sequoia Capital $340M$3.00B post-money
- Growth 9 Jul 2021, led by ICONIQ Growth $300M$7.50B post-money
- Debt not a venture round 5 Jan 2023, led by Morgan Stanley $401M
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- Lightspeed Venture Partners backs 454 venture-backed companies new investor
Comparable rounds
How it compares
97 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $10M, and this round was 1.6 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 23 Jan 2013 | $12M | not disclosed | American Express |
| Tech Companies | 2 Jan 2013 | $11M | not disclosed | Lux Capital |
| Tech Companies | 24 Jan 2013 | $4.0M | not disclosed | Kaizenvest |
| Tech Companies | 1 Jan 2013 | undisclosed | not disclosed | not named |
| Tech Companies | 20 Dec 2012 | $40M | not disclosed | Greenspring Associates |
| Tech Companies | 28 Dec 2012 | $20M | not disclosed | CBC |
| Neo4j Tech Companies | 2 Nov 2012 | $11M | not disclosed | Sunstone Life Science Ventures |
| Tech Companies | 18 Mar 2013 | $8.3M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Netskope raise in its Series B round?
Netskope raised $16M in its Series B round, announced in Jan 2013.
Which investors took part in Netskope's Series B round?
Lightspeed Venture Partners.
What was Netskope's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
97 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $10M, and this round was 1.6 times the median.
Did Netskope raise again after this round?
Yes: a Series C round in May 2014 of $35M at $200M post-money.