August 31, 2015 | The Israeli cyber security company ForeScout is set to issue an IPO on NASDAQ. Though the amount that ForeScout plans to raise, as well as the company value, were not revealed, ForeScouts CEO Mike DeCesare stated to Bloomberg that the company hopes to reach $150 million in revenues this year. The current market has seen a rise in the value of cyber security stocks, including Israeli company CyberArk’s, which ForeScout reportedly hopes to maximize on. ForeScout was founded in 2000 and is based in Campbell, California.
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