Netskope Gets $401M in Debt from Morgan Stanley to Fuel SASE

Netskope Avoids Slashing Valuation By Issuing Convertible Notes Rather Than Equity
Netskope has taken on more than $400 million in debt to further develop its SASE platform and expand its go-to-market activities. The convertible notes will allow Netskope to capitalize on being one of the only providers of single-vendor SASE and take advantage of the $36 billion market opportunity.

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