Cloud App Tracker Netskope Steps Out of Stealth

I.T. managers facing the difficult either-or choice of cloud app agility versus tight-laced security now have another option from the Los Altos, California-based company Netskope. They can worry less and get a firmer grip on what is going on with the support of the startup's software.

Netskope emerged from stealth on Thursday, announcing $21 million in funding. During the last year, Netskope software was vetted and tested by medium and large companies, including Fortune 500 organizations. The company announced the general availability of its cloud app analytics and policy platform.

Funding sources are Social+Capital Partnership and Lightspeed Venture Partners. Netskope will use the $21 million primarily for sales expansion and product development.

Tracking Cloud Apps and Usage

The company fundamentally transforms the blur of what a company is using for cloud apps and provides visibility and, in turn, opportunities for better security. The software identifies all the cloud applications in an enterprise whether they're authorized or not and gives its user the analytics and tools to set policies.

The goal is to allow employees to use their favorite cloud applications, but in a secure way. As the team puts it: "The software is intended as a way to enforce precise policies so you can say yes to people's favorite apps and simply limit the unwanted activity, rather than block the app altogether."

You can almost bet companies will have problems when workers use numerous cloud-based apps to help do their jobs yet over which I.T. has little control. Netskope gives I.T. the tools to manage those apps. The software also provides actionable insights on usage behavior.

The company's user targets are I.T. managers, including CIOs, looking for practical solutions for controlling "shadow" cloud applications. These I.T. managers have to account for overall app usage in the environment across any endpoint or device....

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