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Zscaler

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Zscaler, Inc.
FormerlySafeChannel, Inc.
Company typePublic
IndustryNetwork security, computer security, Internet security
Founded2007; 17 years ago (2007)
Founders
HeadquartersSan Jose, California,
U.S.
Area served
Worldwide
Key people
RevenueIncrease US$2.17 billion (2024)
Negative increase US$−121 million (2024)
Negative increase US$−58 million (2024)
Total assetsIncrease US$4.70 billion (2024)
Total equityIncrease US$1.27 billion (2024)
Number of employees
7,348 (2024)
ASN
Websitewww.zscaler.com Edit this at Wikidata
Footnotes / references
[2]

Zscaler, Inc. (/ˈziːˌskeɪlər/) is an American cloud security company based in San Jose, California. The company offers cloud-based services to protect enterprise networks and data.[3]

History

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Zscaler was founded in 2007 by Jay Chaudhry and K. Kailash.[4] The company launched its cybersecurity platform in 2008.[5] In August 2012, Zscaler secured $38 million in funding from investors.[6] The company's second funding round, led by TPG Capital, raised $100 million in August 2015.[7] In March 2018, the company had an initial public offering (IPO) in which it raised $192 million.[8][9] The company is traded on the Nasdaq using the symbol ZS.[10] Zscaler stock was added to the Nasdaq-100 index on December 17, 2021.[11]

Zero Trust Exchange

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Zscaler's Zero Trust Exchange platform features cyberthreat protection, data protection, zero trust connectivity, and business analytics.[12] It was first announced at Zenith Live in June 2023.[13]

In January 2024, the company announced Zscaler Zero Trust SASE, enabling it to offer its first single-vendor SASE.[14] It is built on the company's AI-powered SSE platform to securely connect users, locations, and cloud services through its Zero Trust Exchange.[15] It also offers a cloud-based cybersecurity platform, Zscaler Internet Access.[16]

Acquisitions

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Zscaler acquired the AI and machine-learning technology of TrustPath in August 2018; the browser security company Appsulate for $13 million in May 2019; cloud security posture management startup Cloudneeti in April 2020; and microsegmentation firm Edgewise Networks in May 2020.[17] The company purchased cybersecurity startup Trustdome in April 2021;[18] Indian cybersecurity startup Smokescreen Technologies in May 2021;[19] and cloud security firm ShiftRight for $25.6 million in September 2022.[20]

On February 14, 2023, Zscaler announced it would acquire Israeli application security company Canonic, a company focused on protecting against attacks that target software as a service.[21] In March 2024, the company acquired Israel-based data security startup Avalor, which uses AI to analyze data in search of identifying security vulnerabilities, for $310 million;[22] and network segmentation startup Airgap Network, for an undisclosed amount.[23]

References

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  1. ^ "ZScaler Hires CFO with IPO Experience". Wall Street Journal. 10 February 2017. Retrieved 22 May 2017.
  2. ^ "Zscaler, Inc. FY 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 2023-09-14.
  3. ^ Haft, Brad (February 27, 2014). "The top 5 cybersecurity companies in the United States". Fortune.
  4. ^ Brodkin, Jon. "10 start-ups to watch in '09". Network World. Retrieved 2022-01-31.
  5. ^ Lin, Belle (February 10, 2023). "Security Gets Blended With Corporate Networks in New Cloud Platforms". The Wall Street Journal.
  6. ^ Messmer, Ellen (2012-08-30). "Cloud security company Zscaler attracts $38 million in funding". Network World. Retrieved 2022-01-31.
  7. ^ Kuchler, Hannah (August 3, 2015). "Cyber security start-up Zscaler nets $100m in round led by TPG". Financial Times.
  8. ^ Deagon, Brian (March 16, 2018). "Zscaler IPO Doubles In Debut After Pricing Above Range, Raising $192 Million". Investor's Business Daily.
  9. ^ Barinka, Alex (April 4, 2018). "Zscaler Rebuffed Takeover Offers Before 2018 IPO". Bloomberg News.
  10. ^ Ray, Tiernan (March 16, 2018). "Zscaler Doubles in IPO: Nice Day for Tech Vet Chaudhry". Barron's.
  11. ^ Zacks, Justin (2021-12-10). "Airbnb, Lucid and Zscaler added to Nasdaq 100 tech benchmark". Bloomberg News.
  12. ^ "The 4 pillars of the Zscaler Zero Trust Exchange". cio.com. Retrieved August 15, 2024.
  13. ^ "Cloud security leader Zscaler bets on generative AI as future of zero trust". venturebeat.com. Retrieved August 15, 2024.
  14. ^ "Zscaler CEO: Palo Alto Networks' New Bundling Strategy Will 'Unravel Over Time'". crn.com. Retrieved August 15, 2024.
  15. ^ "Zscaler's single-vendor zero-trust SASE brings a new approach to an old problem". siliconangle.com. Retrieved August 15, 2024.
  16. ^ "Zscaler Data Protection Frequently Replacing Symantec". crn.com. Retrieved August 15, 2024.
  17. ^ "Zscaler Buys Application Security Startup Edgewise Networks". crn.com. Retrieved August 15, 2024.
  18. ^ "Zscaler Buys Startup Trustdome To Control Cloud Permissions". crn.com. Retrieved August 15, 2024.
  19. ^ "Zscaler acquires Mumbai-based cybersecurity startup Smokescreen Technologies". economictimes.com. Retrieved August 15, 2024.
  20. ^ "Zscaler Acquires ShiftRight To Boost Its Cloud Security Offerings". crn.com. Retrieved August 15, 2024.
  21. ^ "Zscaler To Acquire Canonic Security To Thwart SaaS Attacks". crn.com. Retrieved August 15, 2024.
  22. ^ Roof, Katie (March 14, 2024). "Zscaler Buys Israeli AI-Enhanced Data Security Startup Avalor". Bloomberg News.
  23. ^ Alspach, Kyle (April 11, 2024). "Zscaler To Acquire Network Segmentation Startup Airgap". CRN.
[edit]
  • Official website Edit this at Wikidata
  • Business data for Zscaler:
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