ForeScout Technologies

General Information

We transform security through visibility. We have pioneered an agentless approach to network security to protect organizations against the emerging threats that exploit the billions of Internet of Things, or IoT, devices connected to organizations’ networks. Over 28 billion devices will be connected to the internet by the year 2020, according to ABI Research, and a growing percentage of them will be used for business purposes through Bring Your Own Device, or BYOD, and Enterprise IoT initiatives. According to the 2017 Strategic Roadmap for IoT Network Technology by Gartner (January 2017), 63 million IoT devices will be attempting to connect to the enterprise network each second by 2020. 

Employees: 809
Founded: 2000
Contact Information
Address 190 West Tasman Drive, San Jose, CA 95134, US
Phone Number (408) 213-3191
Web Address
View Prospectus: ForeScout Technologies
Financial Information
Market Cap $814.3mil
Revenues $188.7 mil (last 12 months)
Net Income $-82.8 mil (last 12 months)
IPO Profile
Symbol FSCT
Exchange NASDAQ
Shares (millions): 5.3
Price range $22.00 - $22.00
Est. $ Volume $116.2 mil
Manager / Joint Managers Morgan Stanley/ J.P. Morgan/ Citigroup
CO-Managers BofA Merrill Lynch/ UBS Investment Bank/ KeyBanc Capital Markets
Expected To Trade: 10/27/2017
Status: Priced
Quiet Period Expiration Date:
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SCOOP Rating
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