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startups

Netskope Raises $401 Million in Convertible Debt

By
Maria Heeter
· · Source: The Information

Cloud security startup Netskope has raised $401 million in convertible debt, the company announced today. The deal was led by Morgan Stanley’s Tactical Value group and included Goldman Sachs Asset Management, the Ontario Teachers’ Pension Plan and CPP Investments. The startup last raised $300 million in November 2021 in a deal led by ICONIQ Capital, valuing it at $7.5 billion. Lenders have...

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