Misplaced Pages

Zscaler

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
(Redirected from ZScaler) American cybersecurity company
Zscaler, Inc.
FormerlySafeChannel, Inc.
Company typePublic
Traded as
IndustryNetwork security, computer security, Internet security
Founded2007; 18 years ago (2007)
Founders
HeadquartersSan Jose, California, U.S.
Area servedWorldwide
Key people
RevenueIncrease US$2.17 billion (2024)
Operating incomeNegative increase US$−121 million (2024)
Net incomeNegative increase US$−58 million (2024)
Total assetsIncrease US$4.70 billion (2024)
Total equityIncrease US$1.27 billion (2024)
Number of employees7,348 (2024)
ASN
Websitewww.zscaler.com Edit this at Wikidata
Footnotes / references

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.

History

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

Zero Trust Exchange

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

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

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

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. 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; and network segmentation startup Airgap Network, for an undisclosed amount.

References

  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. "What Is Secure Access Service Edge (SASE)?". www.zscaler.com. Retrieved 2024-12-16.
  15. "Zscaler CEO: Palo Alto Networks' New Bundling Strategy Will 'Unravel Over Time'". crn.com. Retrieved August 15, 2024.
  16. "Zscaler's single-vendor zero-trust SASE brings a new approach to an old problem". siliconangle.com. Retrieved August 15, 2024.
  17. "Zscaler Data Protection Frequently Replacing Symantec". crn.com. Retrieved August 15, 2024.
  18. "Zscaler Buys Application Security Startup Edgewise Networks". crn.com. Retrieved August 15, 2024.
  19. "Zscaler Buys Startup Trustdome To Control Cloud Permissions". crn.com. Retrieved August 15, 2024.
  20. "Zscaler acquires Mumbai-based cybersecurity startup Smokescreen Technologies". economictimes.com. Retrieved August 15, 2024.
  21. "Zscaler Acquires ShiftRight To Boost Its Cloud Security Offerings". crn.com. Retrieved August 15, 2024.
  22. "Zscaler To Acquire Canonic Security To Thwart SaaS Attacks". crn.com. Retrieved August 15, 2024.
  23. Roof, Katie (March 14, 2024). "Zscaler Buys Israeli AI-Enhanced Data Security Startup Avalor". Bloomberg News.
  24. Alspach, Kyle (April 11, 2024). "Zscaler To Acquire Network Segmentation Startup Airgap". CRN.

External links

Companies of the Nasdaq-100 index
Categories: