Dell-backed cybersecurity software producer Netskope has raised just over $1bn to date, having completed a $300m round led by Iconiq Growth.

Netskope, a US-based networking and security software provider backed by computing technology provider Dell, closed a $300m funding round on Friday at a $7.5bn post-money valuation.

The round was led by investment firm Iconiq Growth and also featured venture capital firm Sequoia Capital’s Global Equities unit alongside Lightspeed Venture Partners, Accel, Base Partners, Sapphire Ventures, Geodesic Capital and unnamed existing investors.

Founded in 2012, Netskope has built a cloud-based secure access service edge (SASE) platform that enables enterprises to securely…