Zscaler
Formerly | SafeChannel, Inc. |
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Company type | Public |
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Industry | Network security,computer security,Internet security |
Founded | 2007 |
Founders |
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Headquarters | San Jose, California, U.S. |
Area served | Worldwide |
Key people |
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Revenue | US$2.17 billion(2024) |
US$−121 million(2024) | |
US$−58 million(2024) | |
Total assets | US$4.70 billion(2024) |
Total equity | US$1.27 billion(2024) |
Number of employees | 7,348 (2024) |
ASN | |
Website | www |
Footnotes / references [2] |
Zscaler, Inc.(/ˈziːˌskeɪlər/) is an Americancloud securitycompany based inSan Jose, California.The company offers cloud-based services to protect enterprise networks and data.[3]
History
[edit]Zscaler was founded in 2007 byJay Chaudhryand K. Kailash.[4]The company launched its cybersecurity platform in 2008.[5]In August 2012, Zscaler secured $38 million in funding frominvestors.[6]The company's second funding round, led byTPG Capital,raised $100 million in August 2015.[7]In March 2018, the company had aninitial public offering(IPO) in which it raised $192 million.[8][9]The company is traded on theNasdaqusing the symbol ZS.[10]Zscaler stock was added to theNasdaq-100index on December 17, 2021.[11]
Zero Trust Exchange
[edit]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
[edit]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]andnetwork segmentationstartup Airgap Network, for an undisclosed amount.[23]
References
[edit]- ^"ZScaler Hires CFO with IPO Experience".Wall Street Journal. 10 February 2017.Retrieved22 May2017.
- ^"Zscaler, Inc. FY 2023 Annual Report (Form 10-K)".U.S. Securities and Exchange Commission.2023-09-14.
- ^Haft, Brad (February 27, 2014)."The top 5 cybersecurity companies in the United States".Fortune.
- ^Brodkin, Jon."10 start-ups to watch in '09".Network World.Retrieved2022-01-31.
- ^Lin, Belle (February 10, 2023)."Security Gets Blended With Corporate Networks in New Cloud Platforms".The Wall Street Journal.
- ^Messmer, Ellen (2012-08-30)."Cloud security company Zscaler attracts $38 million in funding".Network World.Retrieved2022-01-31.
- ^Kuchler, Hannah (August 3, 2015)."Cyber security start-up Zscaler nets $100m in round led by TPG".Financial Times.
- ^Deagon, Brian (March 16, 2018)."Zscaler IPO Doubles In Debut After Pricing Above Range, Raising $192 Million".Investor's Business Daily.
- ^Barinka, Alex (April 4, 2018)."Zscaler Rebuffed Takeover Offers Before 2018 IPO".Bloomberg News.
- ^Ray, Tiernan (March 16, 2018)."Zscaler Doubles in IPO: Nice Day for Tech Vet Chaudhry".Barron's.
- ^Zacks, Justin (2021-12-10)."Airbnb, Lucid and Zscaler added to Nasdaq 100 tech benchmark".Bloomberg News.
- ^"The 4 pillars of the Zscaler Zero Trust Exchange".cio.com.RetrievedAugust 15,2024.
- ^"Cloud security leader Zscaler bets on generative AI as future of zero trust".venturebeat.com.RetrievedAugust 15,2024.
- ^"Zscaler CEO: Palo Alto Networks' New Bundling Strategy Will 'Unravel Over Time'".crn.com.RetrievedAugust 15,2024.
- ^"Zscaler's single-vendor zero-trust SASE brings a new approach to an old problem".siliconangle.com.RetrievedAugust 15,2024.
- ^"Zscaler Data Protection Frequently Replacing Symantec".crn.com.RetrievedAugust 15,2024.
- ^"Zscaler Buys Application Security Startup Edgewise Networks".crn.com.RetrievedAugust 15,2024.
- ^"Zscaler Buys Startup Trustdome To Control Cloud Permissions".crn.com.RetrievedAugust 15,2024.
- ^"Zscaler acquires Mumbai-based cybersecurity startup Smokescreen Technologies".economictimes.com.RetrievedAugust 15,2024.
- ^"Zscaler Acquires ShiftRight To Boost Its Cloud Security Offerings".crn.com.RetrievedAugust 15,2024.
- ^"Zscaler To Acquire Canonic Security To Thwart SaaS Attacks".crn.com.RetrievedAugust 15,2024.
- ^Roof, Katie (March 14, 2024)."Zscaler Buys Israeli AI-Enhanced Data Security Startup Avalor".Bloomberg News.
- ^Alspach, Kyle (April 11, 2024)."Zscaler To Acquire Network Segmentation Startup Airgap".CRN.
External links
[edit]- Official website
- Business data for Zscaler:
- Companies in the Nasdaq-100
- Companies listed on the Nasdaq
- Computer security companies specializing in botnets
- Computer forensics
- Content-control software
- Companies based in San Jose, California
- Software companies based in the San Francisco Bay Area
- American companies established in 2007
- Cloud computing providers
- 2007 establishments in California
- Software companies established in 2007
- Computer security companies
- 2018 initial public offerings
- Software companies of the United States