This takes Netskope’s total funding to around $740 million, and gives it a valuation of nearly $3 billion — roughly three times its valuation as of 15 months ago.

Founded in 2012, San Francisco-based Netskope’s cloud security platform provides enterprises with visibility, real-time insights, and threat protection across cloud services including Amazon’s AWS, Microsoft’s Azure, and Google Cloud.

Indeed, the Netskope platform, which includes a cloud access security broker (CASB), enables users to audit and monitor their various security configurations, helping to avoid data being exposed to the public.

And this is why big-name investors are scrambling to back companies such as Netskope — the cloud opens up big opportunities, but with that comes significant security threats too.

“Since inception, we have always focused on architecting a true cloud platform that, over time, will secure and govern all of an enterprise’s traffic as the perimeter evolves into a new high-performance worldwide cloud edge. | To read full story, visit https://startuparound.com/read/1581006605.7364178/Cloud-security-platform-Netskope-raises-$340-million-at-$3-billion-valuation?ref=audio_experience