Netskope Prepares $500 Million U.S. IPO Led by Morgan Stanley (MS)
From Quiver Quantitative: 2025-05-29 03:18:00
Cybersecurity provider Netskope is preparing for a high-profile U.S. IPO with Morgan Stanley, aiming to raise over $500 million and achieve a valuation above $5 billion. Market conditions remain cautious, but Netskope’s cloud-based security platform, serving clients like Ross Stores and Yamaha, positions it well in the cybersecurity sector. The IPO plans reflect growing confidence in tech listings, with successful IPOs like Rubrik’s signaling strong investor demand. Netskope’s listing will test investor confidence in high-growth tech firms post-tariff volatility and could pave the way for further tech IPOs in a recovering market.
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