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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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
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