Shares in the Santa Clara, California-based company closed at $22.49 each on Thursday, above the IPO price of $19 apiece. The deal was priced at the top of the increased price range of $17 to $19 each.
The trading gives the company a market value of $8.6 billion, based on the outstanding shares in its filings.
Founded in 2012, the company’s cloud-native Netskope One platform incorporates artificial intelligence models to help companies protect customers from threats and keep sensitive data ...