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{{Short description|American Cybersecurity Company}}
{{Short description|American cybersecurity company}}
{{press release}}
{{Infobox company
{{Infobox company
| name = Zscaler, Inc.
| name = Zscaler, Inc.
Line 8: Line 7:
| traded_as = {{ubl|{{NASDAQ|ZS}}|[[Nasdaq-100]] component}}
| traded_as = {{ubl|{{NASDAQ|ZS}}|[[Nasdaq-100]] component}}
| area_served = Worldwide
| area_served = Worldwide
| key_people = {{Unbulleted list|[[Jay Chaudhry]] ([[CEO]])|Remo Canessa<ref>{{cite web|url=https://www.wsj.com/articles/zscaler-hires-cfo-with-ipo-experience-1486729801|title=ZScaler Hires CFO with IPO Experience|date=10 February 2017|publisher=Wall Street Journal|access-date=22 May 2017}}</ref>}}
| key_people = {{Unbulleted list|[[Jay Chaudhry]] ([[CEO]])|Remo Canessa (CFO)<ref>{{cite web|url=https://www.wsj.com/articles/zscaler-hires-cfo-with-ipo-experience-1486729801|title=ZScaler Hires CFO with IPO Experience|date=10 February 2017|publisher=Wall Street Journal|access-date=22 May 2017}}</ref>}}
| industry = [[Network security]], [[computer security]], [[Internet security]]
| industry = [[Network security]], [[computer security]], [[Internet security]]
| products =
| products =
| num_employees = 6,600(2022)
| num_employees = 5,962 (2023)
| revenue = {{Increase}} {{US$|2 billion|link=yes}} (2022)
| revenue = {{Increase}} {{US$|1.62 billion|link=yes}} (2023)
| operating_income = {{Decrease}} {{US$|-327 million}} (2022)
| operating_income = {{IncreaseNegative}} {{US$|-235 million}} (2023)
| net_income = {{Decrease}} {{US$|-390 million}} (2022)
| net_income = {{IncreaseNegative}} {{US$|-202 million}} (2023)
| assets = {{Increase}} {{US$|2.83 billion}} (2022)
| assets = {{Increase}} {{US$|3.61 billion}} (2023)
| equity = {{Increase}} {{US$|573 million}} (2022)
| equity = {{Increase}} {{US$|725 million}} (2023)
| founded = {{Start date and age|2007}}
| founded = {{Start date and age|2007}}
| founders = {{ubl|[[Jay Chaudhry]]|Kailash Kailash}}
| founders = {{ubl|[[Jay Chaudhry]]|Kailash Kailash}}
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| location_country = U.S.
| location_country = U.S.
| website = {{official URL}}
| website = {{official URL}}
| footnotes = <ref>{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1713683/000171368322000081/zs-20220731.htm |title=Zscaler, Inc. Fiscal 2022 Annual Report (Form 10-K) |date=2022-09-15 |publisher=[[U.S. Securities and Exchange Commission]]}}</ref>
| footnotes = <ref>{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1713683/000171368323000113/zs-20230731.htm |title=Zscaler, Inc. FY 2023 Annual Report (Form 10-K) |date=2023-09-14 |publisher=[[U.S. Securities and Exchange Commission]]}}</ref>
| module = {{infobox network service provider|child=yes|asn=22616}}
}}
}}


'''Zscaler''' ({{IPAc-en|ˈ|z|iː|ˌ|s|k|eɪ|l|ər}}<!--Pronunciation {{IPAc-en|ˈ|z|iː|ˌ|s|k|eɪ|l|ər}} ("ZEE-scale-ər") per the audio in one of the company's own YouTube videos-->) is a [[Cloud computing security|cloud security]] company, with headquarters in [[San Jose, California]]. The company offers enterprise cloud security services.<ref>{{Cite web |title=Zscaler Cloud Security - Securing the Global 2000 |url=https://www.zscaler.com/company/about-zscaler |access-date=2023-03-09 |website=Zscaler |language=en}}</ref>
'''Zscaler, Inc.''' ({{IPAc-en|ˈ|z|iː|ˌ|s|k|eɪ|l|ər}}<!--Pronunciation {{IPAc-en|ˈ|z|iː|ˌ|s|k|eɪ|l|ər}} ("ZEE-scale-ər") per the audio in one of the company's own YouTube videos-->) is an American [[Cloud computing security|cloud security]] company, with headquarters in [[San Jose, California]]. The company offers cloud-based services to protect enterprise networks and data.<ref>{{Cite web |last=Haft |first=Brad |date=February 27, 2014 |title=The top 5 cybersecurity companies in the United States |url=https://fortune.com/education/articles/top-cybersecurity-companies/ |work=[[Fortune (magazine)|Fortune]]}}</ref>


== History ==
== History ==
Zscaler was founded in 2007 by [[Jay Chaudhry]] and K. Kailash.<ref>{{Cite news|last=Brodkin|first=Jon|title=10 start-ups to watch in '09|language=en|work=Network World|url=https://www.networkworld.com/article/2270892/10-start-ups-to-watch-in--09.html?page=10|access-date=2022-01-31}}</ref> In August 2012, Zscaler secured $38 million in funding from strategic [[Investor|investors]].<ref>{{Cite web|last=Messmer|first=Ellen|date=2012-08-30|title=Cloud security company Zscaler attracts $38 million in funding|url=https://www.networkworld.com/article/2159586/cloud-security-company-zscaler-attracts--38-million-in-funding.html|access-date=2022-01-31|website=Network World|language=en}}</ref> In March 2018, the company had an [[initial public offering]] 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 on December 17, 2021.<ref>{{cite web |url=https://www.bloomberg.com/news/articles/2021-12-11/airbnb-lucid-and-zscaler-added-to-nasdaq-100-tech-benchmark |title=Airbnb, Lucid and Zscaler added to Nasdaq 100 tech benchmark |date=2021-12-10 |work=[[Bloomberg News]] |last=Zacks |first=Justin |url-access=limited}}</ref>
Zscaler was founded in 2007 by [[Jay Chaudhry]] and K. Kailash.<ref>{{Cite news|last=Brodkin|first=Jon|title=10 start-ups to watch in '09|language=en|work=Network World|url=https://www.networkworld.com/article/2270892/10-start-ups-to-watch-in--09.html?page=10|access-date=2022-01-31}}</ref> The company launched its cybersecurity platform in 2008.<ref>{{Cite news |last=Lin |first=Belle |date=February 10, 2023 |title=Security Gets Blended With Corporate Networks in New Cloud Platforms |url=https://www.wsj.com/articles/security-gets-blended-with-corporate-networks-in-new-cloud-platforms-efb5a9e9 |work=[[The Wall Street Journal]]}}</ref> In August 2012, Zscaler secured $38 million in funding from [[investors]].<ref>{{Cite web|last=Messmer|first=Ellen|date=2012-08-30|title=Cloud security company Zscaler attracts $38 million in funding|url=https://www.networkworld.com/article/2159586/cloud-security-company-zscaler-attracts--38-million-in-funding.html|access-date=2022-01-31|website=Network World|language=en}}</ref> The company's second funding round, led by [[TPG Capital]], raised $100&nbsp;million in August 2015.<ref>{{Cite news |last=Kuchler |first=Hannah |date=August 3, 2015 |title=Cyber security start-up Zscaler nets $100m in round led by TPG |url=https://www.ft.com/content/b3cd3a0c-3981-11e5-bbd1-b37bc06f590c |work=[[Financial Times]]}}</ref> In March 2018, the company had an [[initial public offering]] (IPO) in which it raised $192&nbsp;million.<ref>{{Cite web |last=Deagon |first=Brian |date=March 16, 2018 |title=Zscaler IPO Doubles In Debut After Pricing Above Range, Raising $192 Million |url=https://www.investors.com/news/technology/zscaler-ipo-prices-above-range-raises-192-million/ |work=[[Investor's Business Daily]]}}</ref><ref name=reject>{{Cite news |last=Barinka |first=Alex |date=April 4, 2018 |title=Zscaler Rebuffed Takeover Offers Before 2018 IPO |url=https://www.bloomberg.com/news/articles/2018-04-04/zscaler-is-said-to-have-rebuffed-takeover-offers-before-2018-ipo |publisher=[[Bloomberg News]]}}</ref> The company is traded on the [[Nasdaq]] using the symbol ZS.<ref>{{Cite news |last=Ray |first=Tiernan |date=March 16, 2018 |title=Zscaler Doubles in IPO: Nice Day for Tech Vet Chaudhry |url=https://www.barrons.com/articles/zscaler-nearly-doubles-in-ipo-nice-day-for-tech-vet-chaudhry-1521228349 |work=[[Barron's]]}}</ref> Zscaler stock was added to the [[Nasdaq-100]] index on December 17, 2021.<ref>{{cite web |url=https://www.bloomberg.com/news/articles/2021-12-11/airbnb-lucid-and-zscaler-added-to-nasdaq-100-tech-benchmark |title=Airbnb, Lucid and Zscaler added to Nasdaq 100 tech benchmark |date=2021-12-10 |work=[[Bloomberg News]] |last=Zacks |first=Justin |url-access=limited}}</ref>

==Zero Trust Exchange==
Zscaler's Zero Trust Exchange platform features cyberthreat protection, data protection, zero trust connectivity, and business analytics.<ref>{{cite web |title=The 4 pillars of the Zscaler Zero Trust Exchange |url=https://www.cio.com/article/655969/the-4-pillars-of-the-zscaler-zero-trust-exchange-customers-share-their-successes.html |website=cio.com |access-date=August 15, 2024}}</ref> It was first announced at Zenith Live in June 2023.<ref>{{cite web |title=Cloud security leader Zscaler bets on generative AI as future of zero trust |url=https://venturebeat.com/security/cloud-security-leader-zscaler-bets-on-generative-ai-as-future-of-zero-trust/ |website=venturebeat.com |access-date=August 15, 2024}}</ref>

In January 2024, the company announced Zscaler Zero Trust SASE, enabling it to offer its first single-vendor SASE.<ref>{{cite web |title=Zscaler CEO: Palo Alto Networks’ New Bundling Strategy Will ‘Unravel Over Time’ |url=https://www.crn.com/news/security/2024/zscaler-ceo-palo-alto-networks-new-bundling-strategy-will-unravel-over-time |website=crn.com |access-date=August 15, 2024}}</ref> It is built on the company's AI-powered SSE platform to securely connect users, locations, and cloud services through its Zero Trust Exchange.<ref>{{cite web |title=Zscaler’s single-vendor zero-trust SASE brings a new approach to an old problem |url=https://siliconangle.com/2024/01/23/zscalers-single-vendor-zero-trust-sase-brings-new-approach-old-problem/ |website=siliconangle.com |access-date=August 15, 2024}}</ref> It also offers a cloud-based cybersecurity platform, Zscaler Internet Access.<ref>{{cite web |title=Zscaler Data Protection Frequently Replacing Symantec |url=https://www.crn.com/news/security/zscaler-data-protection-frequently-replacing-symantec-ceo-jay-chaudhry |website=crn.com |access-date=August 15, 2024}}</ref>

==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.<ref>{{cite web |title=Zscaler Buys Application Security Startup Edgewise Networks |url=https://www.crn.com/news/security/zscaler-buys-application-security-startup-edgewise-networks |website=crn.com |access-date=August 15, 2024}}</ref> The company purchased cybersecurity startup Trustdome in April 2021;<ref>{{cite web |title=Zscaler Buys Startup Trustdome To Control Cloud Permissions |url=https://www.crn.com/news/security/zscaler-buys-startup-trustdome-to-control-cloud-permissions |website=crn.com |access-date=August 15, 2024}}</ref> Indian cybersecurity startup Smokescreen Technologies in May 2021;<ref>{{cite web |title=Zscaler acquires Mumbai-based cybersecurity startup Smokescreen Technologies |url=https://economictimes.indiatimes.com/tech/startups/zscaler-acquires-mumbai-based-cybersecurity-startup-smokescreen-technologies/articleshow/82968427.cms?from=mdr |website=economictimes.com |access-date=August 15, 2024}}</ref> and cloud security firm ShiftRight for $25.6 million in September 2022.<ref>{{cite web |title=Zscaler Acquires ShiftRight To Boost Its Cloud Security Offerings |url=https://www.crn.com/news/security/zscaler-acquires-shiftright-to-boost-its-cloud-security-offerings |website=crn.com |access-date=August 15, 2024}}</ref>

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.<ref>{{cite web |title=Zscaler To Acquire Canonic Security To Thwart SaaS Attacks |url=https://www.crn.com/news/security/zscaler-to-acquire-canonic-security-to-thwart-saas-attacks |website=crn.com |access-date=August 15, 2024}}</ref> 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;<ref>{{Cite news |last=Roof |first=Katie |date=March 14, 2024 |title=
Zscaler Buys Israeli AI-Enhanced Data Security Startup Avalor |url=https://www.bloomberg.com/news/articles/2024-03-14/zscaler-buys-israeli-ai-enhanced-data-security-startup-avalor |publisher=[[Bloomberg News]]}}</ref> and [[network segmentation]] startup Airgap Network, for an undisclosed amount.<ref>{{Cite news |last=Alspach |first=Kyle |date=April 11, 2024 |title=Zscaler To Acquire Network Segmentation Startup Airgap |url=https://www.crn.com/news/security/2024/zscaler-to-acquire-network-segmentation-startup-airgap |work=[[CRN (magazine)|CRN]]}}</ref>


==References==
==References==
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| symbol = ZS
| symbol = ZS
| sec_cik = ZS
| sec_cik = ZS
| google = Nasdaq:ZS
| google = ZS:NASDAQ
| yahoo = ZS
| yahoo = ZS
| bloomberg = ZS:US
| bloomberg = ZS:US

Revision as of 16:21, 15 August 2024

Zscaler, Inc.
FormerlySafeChannel, Inc.
Company typePublic company
IndustryNetwork security, computer security, Internet security
Founded2007; 17 years ago (2007)
Founders
HeadquartersSan Jose, California,
U.S.
Area served
Worldwide
Key people
RevenueIncrease US$1.62 billion (2023)
Negative increase US$−235 million (2023)
Negative increase US$−202 million (2023)
Total assetsIncrease US$3.61 billion (2023)
Total equityIncrease US$725 million (2023)
Number of employees
5,962 (2023)
ASN
Websitewww.zscaler.com Edit this at Wikidata
Footnotes / references
[2]

Zscaler, Inc. (/ˈzˌsklər/) is an American cloud security company, with headquarters 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, 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

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

  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.
  • Official website Edit this at Wikidata
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