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Netskope Surpasses $500 Million in ARR, Continues to Take Share as More Enterprises Seek Market-Leading Security and Network Performance from Netskope’s Unified SASE Platform

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3,400+ customers, tens of millions of end users, and more than 30 of the Fortune 100 have adopted Netskope One platform capabilities

SANTA CLARA, Calif., June 3, 2024 /PRNewswire/ — Netskope, a leader in Secure Access Service Edge (SASE), today announced significant updates on its business momentum, as global demand for Netskope One, its industry-leading SASE platform, grows at an even faster pace than the broader cybersecurity market.

Among many notable achievements helping fuel its growth, Netskope’s company accolades and financial milestones to this point include the following:

Grew customer base to over 3,400 customers worldwide, including 4 of the 5 largest Fortune 500 financial services companies, 4 of the 6 largest Fortune 500 healthcare companies, 4 of the 5 largest Fortune 500 telecommunications companies, and 2 of the 4 largest Fortune 500 retail companies that have adopted Netskope One capabilitiesSurpassed $500 million in annual recurring revenue (ARR) at scale, with growth outpacing the SASE market1Delivered critical AI capabilities in data and threat protection, safe enablement of generative AI applications, and numerous other areas, with more than 30% of Netskope customers having already fully implemented tools from SkopeAI, the suite of AI and machine learning solutions applied throughout the Netskope One platformRecognized by all of the world’s top technology analyst firms for leadership in Security Service Edge (SSE), the security stack that powers SASE, including:Recognized by Gartner® in the 2024 Magic Quadrant™ for Security Service Edge. Placed both highest in ability to execute and furthest in completeness of vision for the second year in a rowCited as a Leader in the inaugural Forrester Wave™ report for Security Service Edge Platforms (2024)Named a Leader in SSE and Zero Trust Network Access (ZTNA) by IDC in 2023 MarketScape reportsEarned key authorizations and certifications to do business with federal governments and public sector entities around the world, including securing the stringent FedRAMP® High Authorization in the United States, Protected B Certification in Canada, and the Information Security Registered Assessor Program (IRAP) assessment in AustraliaWith its proprietary NewEdge infrastructure, became the first technology vendor in the world to deliver a localized SSE experience to 220 different countries and territories, including every non-embargoed United Nations member stateDeveloped and has continued to grow numerous successful go-to-market partnerships, including with major global systems integrators and managed services providers such as BT, Deloitte, Orange, Telefónica, Telstra, Wipro, and more, and critical alliance partners such as Amazon Web Services, CrowdStrike, Google, Microsoft, Mimecast, Okta, ServiceNow, and moreHonored with countless industry awards, including a steady climb up the influential Forbes Cloud 100 list over seven years and counting, and ranked highest (#12) among security and networking companies in the most recent list (2023)Demonstrated ongoing commitment to critical environment, social, and governance initiatives, including a Silver Medal in recognition of its sustainability achievement from EcoVadis, the world’s largest and most trusted provider of business sustainability ratingsLaunched Netskope for Good, a companywide program dedicated to supporting humanitarian and environmental sustainability work around the globeRecruited top executives from Amazon Web Services, Fortinet, Palo Alto Networks, Verizon and more

Why Netskope, Why Now

Work-from-anywhere models create expectations of easy, performant access to the SaaS, cloud, web, and private applications needed to run a productive business. But the associated surge in security threats and performance challenges have stressed legacy technology architecture to the point of ineffectiveness. As a result, organizations are seeking cloud-native, simple, and scalable solutions that stop threats, prevent unauthorized access to apps and data, and guarantee network performance. Teams are increasingly choosing SASE architecture to accomplish those objectives; Gartner estimates the SASE market will expand at a compound annual growth rate (CAGR) of 29%, reaching over $25 billion by 20272.

As a validated leader in SASE, SSE, and zero trust, Netskope helps organizations address their most critical cloud, SaaS, web, and private application security needs as well as their most persistent network performance challenges, all at once. The Netskope One platform enables both security and infrastructure and operations (I&O) teams to reduce risk, cost, and complexity as the only fully converged SASE offering that can deliver these capabilities using one engine, one client, one gateway, and one network.

“Netskope was founded on the idea that the entire enterprise strategy for protecting critical data from threats depends on how well security and networking adapt to a cloud-first, AI-ready world. Sure enough, as cloud and SaaS app adoption soared, businesses began changing their unreliable legacy technology stacks to reduce risks, lower costs, and implement modern architecture,” said Sanjay Beri, co-founder and CEO, Netskope. “We correctly anticipated that a converged, optimized platform approach would be needed to accomplish this, an opportunity now known as SASE. We have inspired confidence in companies all over the world that are adopting Netskope.”

Added Beri, “This is a significant period in Netskope’s journey, and it’s only the beginning of what we know we can achieve. We’ve proven our model and our customer win rate against much bigger technology companies, and we’ve maintained our unwavering commitment to make SASE and zero trust adoption an easy experience for any organization. We are so proud of our team, our customers, our investors, and our partners, and very excited for what’s ahead.”

To learn more about Netskope and how organizations can solve SASE and zero trust transformation challenges with the Netskope One platform, visit here.

Gartner Disclaimer

Gartner, Magic Quadrant for Security Service Edge, By Charlie Winckless, Thomas Lintemuth, Dale Koeppen, 15 April 2024.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Netskope
Netskope, a global SASE leader, helps organizations apply zero trust principles and AI/ML innovations to protect data and defend against cyber threats. Fast and easy to use, the Netskope One platform and its patented Zero Trust Engine provide optimized access and real-time security for people, devices, and data anywhere they go. Thousands of customers trust Netskope and its powerful NewEdge network to reduce risk and gain unrivaled visibility into any cloud, SaaS, web, and private application activity—providing security and accelerating performance without compromise. Learn more at netskope.com.

Media Contact:
press@netskope.com

Gartner Research: Forecast Analysis: Secure Access Service Edge, Worldwide, October 10, 2023
Gartner Research: Forecast Analysis: Secure Access Service Edge, Worldwide, October 10, 2023

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SOURCE Netskope

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The Inner Circle acknowledges, Connie L. Doyle as a Pinnacle Professional Member Inner Circle of Excellence

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KRUM, Texas, May 19, 2025 /PRNewswire/ — Prominently featured in The Inner Circle, Connie L. Doyle is acknowledged as a Pinnacle Professional Member Inner Circle of Excellence for her contributions to Software Engineering and Technology Development.

Connie L. Doyle has established a distinguished career in software engineering, currently serving as the Senior Director of Software Engineering at Sagent M&C LLC since 2023. In this role, she oversees software development and process management, ensuring that updates and optimizations are implemented efficiently to maintain seamless functionality. Her leadership and expertise have positioned her as an integral part of the company’s success, marking the pinnacle of her career thus far.

Ms. Doyle’s academic foundation in data processing was established at Kentucky Technical College, where she earned her Associate of Arts degree. Over the course of her almost four-decade career, she has gained extensive experience in software development and business processes through a variety of roles, including 17+ years at Mr. Cooper, where she honed her technical and managerial skills. Her tenure in both consulting and manufacturing industries has provided her with a well-rounded perspective on technology leadership.

Her dedication and contributions have not gone unnoticed. Ms. Doyle has been honored with several prestigious accolades, including the President’s Award from Information Alternatives in 1997. Additionally, she was recognized with the “Breakfast with Jay” honor from a senior colleague, further highlighting her impact within the organization.

Looking ahead, Ms. Doyle is committed to strengthening software engineering teams, fostering a culture of growth and collaboration, and advancing cutting-edge software solutions to enhance operational excellence. Through her leadership, she continues to drive innovation in the field of software engineering, ensuring long-term success in an ever-evolving industry.

Contact: Katherine Green, 516-825-5634, editorialteam@continentalwhoswho.com

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SOURCE The Inner Circle

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Portage Point Partners Bolsters Turnaround & Restructuring Services with Addition of Olivier Blechner

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CHICAGO, May 19, 2025 /PRNewswire/ — Portage Point Partners, LLC (Portage Point), a blue chip advisory, consulting, interim management and financial services firm focused on the middle market, welcomes Olivier Blechner as a Managing Director in the Turnaround & Restructuring Services (TRS) practice.

Olivier brings more than two decades of experience in turnarounds, restructurings, distressed debt and operational leadership. His expertise combines a background as both a transformative operator and a major distressed debt investor. Throughout his career, Olivier has played a key role in numerous high-profile restructurings, serving on creditor committees and contributing to strategic decision-making in complex situations. He was also instrumental in scaling a company from a five-person startup to a publicly traded enterprise with $280 million in run-rate revenue and 1,200 employees. In addition, Olivier has held senior leadership roles, including Chief Restructuring Officer (CRO), acting CEO, Chairman and Liquidation Agent in a receivership and Chief Investment Officer specializing in global distressed investments.

“Our TRS practice continues to experience significant growth, and we are pleased to welcome Olivier to the platform,” said Tom Studebaker, Managing Director and Co-Head of TRS at Portage Point. “His highly engaged, hands-on approach – shaped by a unique blend of restructuring and operational experience – will be an invaluable asset to both our practice and the broader firm.”

“I am thrilled to join Portage Point and contribute to the continued growth of such a dynamic firm,” said Olivier. “I look forward to leveraging my extensive experience in capital markets, restructuring and operations while collaborating with colleagues across TRS, Performance Improvement, Office of the CFO, and Interim Management Practices to deliver best-in-class capabilities and solutions to the middle market.”

“Throughout his career, Olivier has operated at the intersection of financial strategy and operational execution, tackling complex challenges and contributing to high-impact strategic decisions,” said Matthew Ray, Founder and Chief Executive Officer of Portage Point. “His approach aligns seamlessly with our operationally oriented and financially grounded team, positioning him to deliver meaningful positive client outcomes across the business lifecycle.”

Prior to Portage Point, Olivier was the Managing Member of Turicum Capital, where he led operational and financial restructurings. Previously, Olivier served in leadership roles at One East Capital, Polygon Global Partners, Alden Global Capital, TPG Credit Management and Sandell Asset Management. He began his career in investment banking at DLJ / Credit Suisse and Houlihan Lokey.

About Portage Point Partners
Portage Point Partners is a business advisory, interim management and investment banking firm intensely focused on the middle market. Our blue chip team leverages bulge bracket experience in consulting, operations, finance, accounting, investment banking and investing to provide unmatched transactional, operational and financial perspectives to middle market stakeholders. The Portage Point cross-functional platform is uniquely architected to offer fully integrated capabilities and solutions that identify value capture, mitigate risk and positively impact outcomes at every stage of the ever-changing middle market business lifecycle. From ideation to monetization, Portage Point delivers excellence across transaction advisory services, transaction execution services, office of the CFO, performance improvement, interim management, investment banking, operational turnaround and financial restructuring. Learn how Portage Point can positively impact your business www.portagepointpartners.com.

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SOURCE Portage Point Partners

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Safran Federal Systems Unveils HyperReveal AI Platform at GEOINT 2025

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ARLINGTON, Virginia, May 19, 2025 /PRNewswire/ — Safran Federal Systems, a leading provider of Assured Position, Navigation, and Timing (PNT) solutions, today announced the launch of its new U.S.-based geospatial artificial intelligence platform, HyperReveal, at the 2025 GEOINT Symposium.

HyperReveal marks the expansion of Safran’s proven global geospatial analytics capabilities into the U.S. market via its U.S. business, Safran Federal Systems, which is authorized to work on the full spectrum of U.S. Government classified and unclassified projects. The platform delivers mission-driven AI for automated exploitation of high-resolution imagery, full-motion video, electromagnetic, and acoustic signals.

HyperReveal uses advanced, sensor-agnostic algorithms to detect and identify objects, activities, and patterns of interest across commercial and government data sources. The platform is purpose-built to provide timely, actionable geospatial intelligence for U.S. defense and national security operations—enabling faster, more informed decision-making in complex and contested environments. The underlying technology has been in development for over 9 years and is already deployed and being used in several active military and government intelligence operations around the world.

“Our mission is to transform the speed and precision of decision-making across the commercial, defense, and intelligence communities,” said Lee Rizzo, Executive Vice President of Geospatial AI Capabilities. “HyperReveal delivers persistent monitoring, rapid object recognition, change detection, and pattern-of-life analysis—all essential capabilities in today’s dynamic operational landscape. From tactical ISR missions to strategic threat assessments, we enable decision dominance by turning massive volumes of data into near real-time, mission- ready intelligence. With HyperReveal AI, we’re expanding our ability to support U.S. government agencies with cutting-edge, scalable geospatial solutions.”

For more information, visit us at GEOINT in Booth #2321 or safranfederalsystems.com/artificial-intelligence.

Safran Federal Systems is a trusted DoD mission partner providing cross-cutting Position, Navigation and Timing (PNT) solutions from the lab to the field. We leverage our industry leadership in Timing, Navigation, Simulation and NAVWAR to offer a unique blend of cost-effective A-PNT solutions bred through innovation. Our expertise in open systems architecture enables rapid delivery of emerging technologies to the warfighter across all domains.

Your Assured PNT Mission Partner, from the Lab to the Field. ™

Safran Federal Systems is a proxy-regulated Safran Defense & Space, Inc. company.

For more information: www.safranfederalsystems.com

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SOURCE Safran Defense & Space, Inc.

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