Cybersecurity company Netskope has successfully raised $908.2 million in its initial public offering (IPO), pricing shares at $19 each, at the top end of its expected range. This values the company at approximately $7.3 billion, slightly below its previous valuation of $7.5 billion in a 2021 funding round. Netskope will trade on the Nasdaq under the ticker symbol 'NTSK' and sold about 47.8 million shares. The IPO marks a significant milestone as the U.S. IPO market experiences a revival after years of stagnation, driven by renewed investor interest and a surge in tech and cybersecurity IPOs, including recent debuts from companies like CoreWeave, Figma, and Circle. Netskope, founded in 2012 and based in Santa Clara, develops cloud security software to protect applications, websites, and data from cyber threats. The company reported a six-month revenue of $328 million and a net loss of $170 million, with 2,910 employees and over 4,300 customers worldwide. Major backers include Accel, Iconiq, and Lightspeed Venture Partners. The successful IPO reflects growing demand for cybersecurity solutions amid increasing digital threats and ongoing technological advancements.