Zscaler Delivers Record Performance for Q4 and Fiscal Year 2015
San Jose, California, September 1, 2015
Zscaler, the Internet security company, today announced record performance for its fourth fiscal quarter and full fiscal year, ended July 31, 2015. Bookings, revenue and renewals were all at record levels. Company growth continues to accelerate, with sales doubling for the full FY 2015 compared to FY 2014. Fueled by a $100 million financing round led by TPG announced earlier this month, Zscaler plans to aggressively scale the business in fiscal year 2016 and beyond to meet growing demand for its cloud-based Internet security platform.
Zscaler secured more than 900 billion Internet requests in the quarter, stopping more than four billion cyber-threats to protect its more than 5,000 customers and 15 million end users. The ratio of threats stopped to total Internet requests increased considerably over the prior fiscal quarter, indicating a rapidly worsening global threat landscape.
New customer acquisition was strong in the fiscal fourth quarter. Zscaler continues to significantly expand its mid-market business as organizations of all sizes are turning to Zscaler for easy to use, easy to manage and economically compelling Internet security. The company’s mid-market sales grew more than 400 percent vs. the same quarter in FY2014.
Subscription renewals were very strong in the fourth quarter as customers expressed satisfaction with the Zscaler platform by renewing their contracts. In addition, Zscaler performed exceptionally well upselling new services to existing customers, particularly Zscaler next generation firewall and Zscaler advanced persistent threat protection.
“Zscaler experienced phenomenal growth in fiscal 2015 fueled by customer demand for an integrated, cloud-based security platform that delivers excellent Internet security and superior economic value,” said Jay Chaudhry, CEO of Zscaler. “As we look forward to fiscal 2016, we are accelerating investment in our customers and our technology in order to aggressively scale our business and grow sales and marketing to meet industry demand.
Zscaler Q4 FY2015 Highlights
- For the fifth consecutive year, Gartner recognized Zscaler as a Leader in the Magic Quadrant for Secure Web Gateways.
- Forrester Research named Zscaler as a Leader in the SaaS Web Content Security market in the report, The Forrester Wave™: SaaS Web Content Security, Q2 2015.
- Zscaler was included in The Unicorn Club, 2015, a list of private companies valued at more than $1 billion.
Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SSE-based Zero Trust Exchange is the world’s largest in-line cloud security platform.