The CEO of security startup Netskope says that a driving force behind its monster $340 million funding round was the chance to work with Sequoia Capital
Beri said the funds will be used to continue the company's rapid growth and invest in research and development. The goal is to make its security tools even better.
The reason the company is growing so rapidly Beri said, is because most older, legacy security companies aren't looking to solve these new security issues companies have. Another area Beri wants Netskope to focus on is sales expansion in order to get more customers, particularly overseas. Over the last year the company has expanded in many countries overseas, including Australia, Singapore, Chile, Brazil, and Germany.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's why Casper's disappointing IPO could spell disaster for other unicorns - Business InsiderCasper raised less money than it expected and had to accepting a market capitalization less than half its prior valuation of $1.1 billion.
Read more »
Snowflake Set To Be Worth $12.4 Billion After New Funding, Making It One Of Tech’s Most Valuable StartupsData company, Snowflake, is raising new funding at a valuation of $12.4 billion, multiple sources tell Forbes—making it one of tech’s most valuable private companies in the world by alexrkonrad
Read more »
The Chatbots in Insurance Playbook – Business Insider Intelligence - Business Insider[NEW REPORT] The Chatbots in Insurance Playbook: BIIntelligence uses a proprietary transformation maturity scale to allow firms measure the maturity of their chatbot deployments
Read more »
How one entrepreneur is cashing in on the $3B coffee-creamer boom - Business InsiderMadeline Haydon, founder and CEO of Nutpods, invented a plant-based coffee creamer that is now available in more than 15,000 stores across the US.
Read more »
Why an emergency fund is so crucial for freelancers - Business InsiderEach time a payment fell through, the fact that I had an emergency fund saved to fall back on would at least soften the blow.
Read more »
The 'Friends' Cast Might Get Paid as Much as $4 Million for a Reunion SpecialAccording to Deadline, the cast of Friends could earn $3-$4 million to do a reunion show for HBO Max.
Read more »