Drew Del Matto

Chief Financial Officer, Netskope, Inc.

Search every verified Drew Del Matto interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Drew Del Matto, Chief Financial Officer at Netskope, discussed the company's position and the cybersecurity market in an October 2022 interview on NYSE Floor Talk. He described Netskope as a next-generation security company focused on cloud, digital transformation, and remote work, and identified it as a leader in the secure access service edge (SASE) market, which he said was worth about $16 billion at the time and projected to grow to $40 billion. Del Matto noted that Netskope had surpassed $300 million in annual recurring revenue, served approximately 2,000 customers including 25% of the Fortune 500, and employed over 2,500 people. Del Matto also addressed cybersecurity spending amid economic challenges, stating that security remains a priority despite a difficult economy. He cited a "huge cloud security deficit," arguing that enterprises spend 7–15% of IT budgets on securing legacy architecture but only 1–2% on cloud security, despite cloud and SaaS representing a $400 billion market. He referenced data from the second calendar quarter of 2022, mentioning 52 million data breaches within enterprises, 70% of which were cloud-related, to illustrate the need for protecting data wherever it resides.