

Traditional perimeter-based security models are no longer sufficient to address the growing cyber threats in the rapidly evolving digital age. Kiran Raj, Practice Head at GlobalData, comments: “Data compromises have almost doubled over the past few years as the world goes more digital, particularly after the COVID-19 pandemic demonstrations. The goal is to enhance data security and reduce cyber threats primarily related to enterprise digital transformation and remote connectivity, reveals GlobalData, a leading data and analytics company. Nearly $3bn in cumulative venture capital (VC) funding was pumped in from 2018 to 2021 to equip legacy security models with zero trust. Zero trust, a new cybersecurity approach, is gaining momentum to secure modern digital environments as the world increasingly transitions to cloud-native applications. © 2022 Freedom Holding Corp.Data compromises have almost doubled over the past few years as the world goes more digital. All prices are indicative as of the close of the market for the securities in question, unless otherwise noted. believes to be reliable its affiliates and/or subsidiaries (collectively referred to as Freedom Finance) do not guarantee its completeness or accuracy, save for the disclosures related to Freedom Finance and/or its affiliates/agents and the analyst's interactions with the issuer in question. The information has been obtained from sources that Freedom Finance Europe Ltd. The recipient of this report must make their own independent decisions with respect to any securities or financial instruments mentioned herein. The opinions and recommendations presented herein do not take into account the individual circumstances, goals or needs of the client and do not constitute investment advice.

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#Cloud netskope iconiq growth license#
provides financial services in the European Union under license CIF 275/15 for all activities the company needs to engage in, granted by the Cyprus Securities and Exchange Commission (CySEC) on. As one of the leaders in cloud security, Netskope has impressive growth prospects.įreedom Finance Europe Ltd. The market is growing thanks to further spread of digital technologies as well as to companiesʼ transition to cloud technologies and cloud products. According to the forecasts, it will reach $198.59Bn by 2026, increasing by 15.55% in 2019-2026. Netskope IPO Outlook and Target MarketĪccording to Verified Market Research, the global data protection market was assessed at $62.82Bn in 2018. But everything can change at any moment, thatʼs why investors are looking forward to the companyʼs IPO. In the interview with TechCrunch dated February 2020, the companyʼs CEO said the following: "IPO is certainly possible but we are not in a hurry and now we donʼt need additional capital." There has been no more information from the companyʼs officials about the coming Netskope IPO. Since the companyʼs inception, there has been no news about IPO until 2020. Before the IPO, Netskope has shown an average annual growth of 80%, which is an excellent indicator. However, after attracting $340M of investments in February 2020, the company valuation grew up to almost $3Bn. When Netskope announced about new investments of $168.7M at the end of 2018, the company was assessed at about $1Bn. Since its inception, the company has raised around $740M from such investors as Sequoia Capital, Alpha Square Group, Base Partners, Geodesic Capital, Sapphire Ventures, ICONIQ Capital, Accel, Lightspeed Venture Partners and Social Capital. The Netskope product has been recognized by Gartner company as the leading one in its field. Protection is provided in real time using cloud services, such as Microsoft Azure, Google Cloud, Amazon AWS and others.

Netskope cloud security platform is aimed at providing protection against hacking, data loss, viruses and other threats. The companyʼs products are applied in the area of cyber security and have the form of cloud solutions used for protecting against threats in the cloud infrastructure.
#Cloud netskope iconiq growth software#
Netskope company was founded in 2012 and deals with software development.
