Monday, August 3, 2015

Zscaler Raises $100 Million for Security-as-a-Service

Zscaler, a start-up based in San Jose, California, raised $100 million in new venture funding for its Internet security-as-a-service offering.

Zscaler currently protects more than 5,000 enterprise and government organizations worldwide with a total of 13 million employees against cyber attacks and data breaches. The cloud-based Zscaler Security-as-a-Service platform is operating in more than 100 data centers around the world, delivering carrier-grade Internet security, advanced persistent threat (APT) protection, data loss prevention, SSL decryption, traffic shaping, policy management and threat intelligence without the need for on-premise hardware, appliances or software.

TPG invested in Zscaler, alongside existing investors EMC and Lightspeed Ventures, who also contributed to the round.

“Our mission is to make the Internet safe for business by delivering an amazing security platform that protects our clients and enables the strategic adoption of cloud computing, mobile devices and the Internet of Things,” said Jay Chaudhry, CEO of Zscaler. “The investment and partnership from TPG and the global relationships and experience they provide will enable us to accelerate investment in our technology, grow our customer base and aggressively scale our business to meet growing demand. We are excited to join an elite group of security companies valued in excess of $1 billion.”

http://www.zscalar.com

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