A group shot of the KnowBe4 team. The company officially launched an initial public offering April 22. (KnowBe4)
On April 22, cybersecurity training and awareness company KnowBe4 launched an initial public offering, opening up sales of company stock to the public starting at $16 a share (that increased to just over $24 by the closing bell).
SC Media spoke with CEO and founder Stu Sjouwerman about the motivation behind the move to go public: how it changes their target customer base and underlying technologies, and why the company is more interested in using automation and AI to further explore the human layer of cybersecurity than turning KnowBe4’s platform into “another filter” for email security.
You can find KnowBe4’s filings with the Securities and Exchange Commission, including their IPO prospectus, here.
Could you start off by telling us why you’re taking KnowBe4 public, and what you are hoping it will bring to the company over the long term?
Stu Sjouwerman, KnowBe4 CEO
Sjouwerman: The main reason is international expansion. If you look at this particular market – the human layer, the last line of defense – it’s maturing differen ..
Support the originator by clicking the read the rest link below.
