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Netskope follows Rubrik as a rare cybersecurity IPO, both backed by Lightspeed
The 13-year-old company could be valued up to $6.5, with Lightspeed's stake worth $1.1 billion.
Even Wiz, which for a time held the title of the fastest-growing startup, abandoned its IPO ambitions when it agreed to sell to Google earlier this year. It offers cybersecurity for an enterprise’s cloud infrastructure, with such products as secure web gateways and firewall as a service. The company was last valued at $7.5 billion, when it raised a $300 million Series H led by ICONIQ Growth in 2021, the height of the ZIRP era.
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