San Jose, California, March 4, 2015
Zscaler, the Internet security company, today announced record bookings, revenue and renewals for its second fiscal quarter, ended January 31, 2015. Total revenue, channel revenue, new client acquisition and existing client renewal revenue all rose to all-time highs. In addition, the firm booked the single largest transaction in its history, a nearly $10 million subscription sold together with BT to a Global 100 consumer goods company.
Zscaler continues to bring exceptional executive talent with strong public company experience into the organization. The firm announced today that Sydney Carey, formerly of TIBCO and MongoDB, has joined Zscaler as Chief Financial Officer. In January, Zscaler announced that William Welch, formerly of HP and Symantec, had joined the firm as global vice president of sales.
In the second quarter, Zscaler enjoyed continued, strong adoption of its cloud-based Internet security platform by organizations of all sizes, driven by the ever-increasing threat landscape coupled with industry shifts from hardware appliances to Security as a Service. Zscaler blocked more than four billion cyber threats for its clients during the quarter. In addition to stopping this huge volume of traditional threats, Zscaler Advanced Persistent Threat Protection is now identifying and blocking more than 450 brand-new advanced threats per day that are not discovered by traditional malware detection technologies.
New client acquisition was particularly strong in Q2, with a 68 percent increase in new logos signed over the prior quarter and bookings doubling over the same quarter in the prior year. Partner momentum was outstanding, fueled by a greater than 500 percent increase in partner-led mid-market sales vs. the prior quarter.
““Adoption of Zscaler’s cloud-based Internet security platform is accelerating as organizations understand the need for a new approach to security to combat insidious threats in a world where cloud computing, mobility and the Internet of Things have rendered the protected ‘perimeter’ a thing of the past,” said Jay Chaudhry, CEO of Zscaler. “With amazing new executives, serious market momentum and accelerating growth, Zscaler is in an extremely strong position going into the second half of our fiscal year.””
Zscaler enables the world’s leading organizations to securely transform their networks and applications for a mobile and cloud-first world. Its flagship services, Zscaler Internet Access and Zscaler Private Access, create fast, secure connections between users and applications, regardless of device, location, or network. Zscaler services are 100% cloud delivered and offer the simplicity, enhanced security, and improved user experience that traditional appliances or hybrid solutions are unable to match. Used in more than 185 countries, Zscaler operates a massive, global cloud security platform that protects thousands of enterprises and government agencies from cyberattacks and data loss. Learn more at zscaler.com or follow us on Twitter @zscaler.
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Whitney Glockner Black
Director of Communications