Cybersecurity Firm Netskope Lifts IPO Target, Seeks $908 Million

Netskope Inc. raised the price of its initial public offering, boosting the potential deal size to $908.2 million from $812.6 million as the cloud security provider looks to ride high investor interest in new companies.

The Santa Clara, California-based company now plans to market the 47.8 million shares for $17 to $19 each, according to a filing with the US Securities and Exchange Commission on Tuesday. The cybersecurity firm previously looked to sell shares for $15 to $17 each.

At the top end of the new range, Netskope would have a market value of $7.3 billion based on the outstanding ...