Company:Zscaler

From HandWiki
Zscaler, Inc.
FormerlySafeChannel, Inc.
TypePublic
IndustryNetwork security, computer security, Internet security
Founded2007; 19 years ago (2007)
Founders
  • Jay Chaudhry
  • Kailash Kailash
HeadquartersSan Jose, California,
U.S.
Area served
Worldwide
Key people
  • Jay Chaudhry (CEO)
  • Remo Canessa (CFO)[1]
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
Website{{{1}}}
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

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

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 (secure access service edge),[14] enabling it to offer its first single-vendor SASE.[15] It is built on the company's AI-powered SSE platform to securely connect users, locations, and cloud services through its Zero Trust Exchange.[16] It also offers a cloud-based cybersecurity platform, Zscaler Internet Access.[17]

Acquisitions

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.[18] The company purchased cybersecurity startup Trustdome in April 2021;[19] Indian cybersecurity startup Smokescreen Technologies in May 2021;[20] and cloud security firm ShiftRight for $25.6 million in September 2022.[21]

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.[22] 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;[23] and network segmentation startup Airgap Network, for an undisclosed amount.[24]

On May 17, 2025, Zscaler announced it would acquire Red Canary for an undisclosed amount. Red Canary is a US based provider of Managed Detection and Response services. [25]

References

  1. ↑ "ZScaler Hires CFO with IPO Experience". Wall Street Journal. 10 February 2017. https://www.wsj.com/articles/zscaler-hires-cfo-with-ipo-experience-1486729801. 
  2. ↑ "Zscaler, Inc. FY 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 2023-09-14. https://www.sec.gov/ix?doc=/Archives/edgar/data/1713683/000171368323000113/zs-20230731.htm. 
  3. ↑ Haft, Brad (February 27, 2014). "The top 5 cybersecurity companies in the United States". Fortune. https://fortune.com/education/articles/top-cybersecurity-companies/. 
  4. ↑ Brodkin, Jon. "10 start-ups to watch in '09" (in en). Network World. https://www.networkworld.com/article/2270892/10-start-ups-to-watch-in--09.html?page=10. 
  5. ↑ Lin, Belle (February 10, 2023). "Security Gets Blended With Corporate Networks in New Cloud Platforms". The Wall Street Journal. https://www.wsj.com/articles/security-gets-blended-with-corporate-networks-in-new-cloud-platforms-efb5a9e9. 
  6. ↑ Messmer, Ellen (2012-08-30). "Cloud security company Zscaler attracts $38 million in funding" (in en). https://www.networkworld.com/article/2159586/cloud-security-company-zscaler-attracts--38-million-in-funding.html. 
  7. ↑ Kuchler, Hannah (August 3, 2015). "Cyber security start-up Zscaler nets $100m in round led by TPG". Financial Times. https://www.ft.com/content/b3cd3a0c-3981-11e5-bbd1-b37bc06f590c. 
  8. ↑ Deagon, Brian (March 16, 2018). "Zscaler IPO Doubles In Debut After Pricing Above Range, Raising $192 Million". Investor's Business Daily. https://www.investors.com/news/technology/zscaler-ipo-prices-above-range-raises-192-million/. 
  9. ↑ Barinka, Alex (April 4, 2018). "Zscaler Rebuffed Takeover Offers Before 2018 IPO". Bloomberg News. https://www.bloomberg.com/news/articles/2018-04-04/zscaler-is-said-to-have-rebuffed-takeover-offers-before-2018-ipo. 
  10. ↑ Ray, Tiernan (March 16, 2018). "Zscaler Doubles in IPO: Nice Day for Tech Vet Chaudhry". Barron's. https://www.barrons.com/articles/zscaler-nearly-doubles-in-ipo-nice-day-for-tech-vet-chaudhry-1521228349. 
  11. ↑ Zacks, Justin (2021-12-10). "Airbnb, Lucid and Zscaler added to Nasdaq 100 tech benchmark". Bloomberg News. https://www.bloomberg.com/news/articles/2021-12-11/airbnb-lucid-and-zscaler-added-to-nasdaq-100-tech-benchmark. 
  12. ↑ "The 4 pillars of the Zscaler Zero Trust Exchange". https://www.cio.com/article/655969/the-4-pillars-of-the-zscaler-zero-trust-exchange-customers-share-their-successes.html. 
  13. ↑ "Cloud security leader Zscaler bets on generative AI as future of zero trust". https://venturebeat.com/security/cloud-security-leader-zscaler-bets-on-generative-ai-as-future-of-zero-trust/. 
  14. ↑ "What Is Secure Access Service Edge (SASE)?" (in en). https://www.zscaler.com/resources/security-terms-glossary/what-is-sase. 
  15. ↑ "Zscaler CEO: Palo Alto Networks' New Bundling Strategy Will 'Unravel Over Time'". https://www.crn.com/news/security/2024/zscaler-ceo-palo-alto-networks-new-bundling-strategy-will-unravel-over-time. 
  16. ↑ "Zscaler's single-vendor zero-trust SASE brings a new approach to an old problem". https://siliconangle.com/2024/01/23/zscalers-single-vendor-zero-trust-sase-brings-new-approach-old-problem/. 
  17. ↑ "Zscaler Data Protection Frequently Replacing Symantec". https://www.crn.com/news/security/zscaler-data-protection-frequently-replacing-symantec-ceo-jay-chaudhry. 
  18. ↑ "Zscaler Buys Application Security Startup Edgewise Networks". https://www.crn.com/news/security/zscaler-buys-application-security-startup-edgewise-networks. 
  19. ↑ "Zscaler Buys Startup Trustdome To Control Cloud Permissions". https://www.crn.com/news/security/zscaler-buys-startup-trustdome-to-control-cloud-permissions. 
  20. ↑ "Zscaler acquires Mumbai-based cybersecurity startup Smokescreen Technologies". https://economictimes.indiatimes.com/tech/startups/zscaler-acquires-mumbai-based-cybersecurity-startup-smokescreen-technologies/articleshow/82968427.cms?from=mdr. 
  21. ↑ "Zscaler Acquires ShiftRight To Boost Its Cloud Security Offerings". https://www.crn.com/news/security/zscaler-acquires-shiftright-to-boost-its-cloud-security-offerings. 
  22. ↑ "Zscaler To Acquire Canonic Security To Thwart SaaS Attacks". https://www.crn.com/news/security/zscaler-to-acquire-canonic-security-to-thwart-saas-attacks. 
  23. ↑ Roof, Katie (March 14, 2024). "Zscaler Buys Israeli AI-Enhanced Data Security Startup Avalor". Bloomberg News. https://www.bloomberg.com/news/articles/2024-03-14/zscaler-buys-israeli-ai-enhanced-data-security-startup-avalor. 
  24. ↑ Alspach, Kyle (April 11, 2024). "Zscaler To Acquire Network Segmentation Startup Airgap". CRN. https://www.crn.com/news/security/2024/zscaler-to-acquire-network-segmentation-startup-airgap. 
  25. ↑ "Zscaler signed a definitive agreement to acquire Red Canary" (in en). https://www.zscaler.com/press/zscaler-accelerate-innovation-ai-powered-security-operations-acquisition-red-canary. 



Retrieved from "https://handwiki.org/wiki/index.php?title=Company:Zscaler&oldid=4022860"