Cybersecurity unicorn Netskope (NTSK.US) seizes opportunity to go public: planning to raise $813 million, its valuation reaching $6.5 billion.

Network security provider Netskope is seeking to raise up to $813 million through an IPO. The company is currently taking advantage of the near-record high U.S. stock market to raise funds. The California-based company, which is headquartered in Santa Clara, filed documents with the U.S. Securities and Exchange Commission on Monday, revealing plans to issue 47.8 million shares at a price of $15 to $17 per share. Based on the upper end of the price range and the number of shares listed in the filing, Netskope's market value would reach $6.5 billion. Netskope's IPO will be the latest example of the tech IPO resurgence. With strong demand from investors for AI-related assets, the stock market continues to rise, easing concerns about tariffs or weakening labor markets. This week's IPO schedule includes public transportation software manufacturer Via Transportation and cryptocurrency exchange operator Gemini Space Station. Netskope previously disclosed revenue growth and narrowing losses. The filing shows that in the six months ending July 31, the company had a net loss of $169.5 million and revenue of $328.5 million; compared to a net loss of $206.7 million and revenue of $251.3 million in the same period last year. The company, founded in 2012, has a cloud-native platform called Netskope One, which integrates AI models to help enterprises protect customers from threats and ensure the security of sensitive data. Its clients include companies like Colgate-Palmolive, Home Depot, and Bayer. The IPO is being led by Morgan Stanley and JPMorgan. The company plans to list its stock on the Nasdaq Global Select Market under the ticker symbol NTSK.