Investment Validates Widespread Adoption of Security-as-a-Service While Fueling Growth of Leading Cloud Security Provider
Zscaler, Inc., the Internet security company, announced the closing of its latest financing, a $25 million continuation of its oversubscribed Series D round from Google Capital. This latest round of financing brings the company’s total funding raised in the Series D to $110 million. The recent infusion will bolster Zscaler’s global expansion, as well as accelerate the growth of the company’s technology and customer base.
“We are joining forces with Google Capital to help millions of organizations around the world securely adopt cloud computing, mobility and the Internet of Things,” said Jay Chaudhry, CEO of Zscaler. “Our new partnerships will further empower Zscaler to invest in our technology platform and grow our worldwide operations to meet ever increasing demand.”
Zscaler is the only multi-tenant, cloud-based Internet security platform built to protect the enterprise and to deliver best in class security at scale in real-time. Earlier this year, Gartner recognized Zscaler as a Leader in its Magic Quadrant for Secure Web Gateways report for the fifth consecutive year and Forrester Research named Zscaler a Leader in The Forrester Wave™: SaaS Web Content Security, Q2 2015.
Thousands of enterprises and government organizations around the world have chosen Zscaler to protect their employees. Zscaler secures more than 15 million users, processes more than 15 billion Internet requests, and stops more than 100 million cyber-threats every day.
“As the global specialist in energy management and automation, we are adopting cloud and mobile computing to help our 170,000 employees become more productive and provide even better service for the customers we serve across more than 100 countries,” said Herve Coureil, Chief Information Officer at Schneider Electric. “Google Capital and Zscaler coming together is really exciting- these two companies are well suited to make sure cloud computing both scales and is safe for business.”
"We are big believers in the two unstoppable technology trends that Zscaler is riding – the rise of mobile computing and the evolution from point solutions hosted on-site to integrated cloud platforms,” said Gene Frantz, partner at Google Capital. "We're thrilled to support Zscaler on their journey to make the cloud safer, which is essential for companies and great for the Internet overall."
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