Thursday, August 30, 2012

Cloud Security Firm Zscaler Raises $38 Million in Funding

Zscaler has secured $38 million in funding from strategic investors, including Lightspeed Ventures

Cloud security provider Zscaler announced on Thursday it has secured $38 million in funding from strategic investors, including Lightspeed Ventures. Prior to this new external investment the company had been funded entirely by internal means.

Security concerns within the cloud have prevented many companies from moving their data to the cloud. In a couple of separate WHIR Q&A features posted earlier this month, StillSecure president and CEO Rajat Bhargava and CloudPassage chief evangelist Andrew Hay discussed the specific security threats facing the public cloud, some best practices for addressing those threats.

While most security products protect corporate servers from incoming threats which stem from the Internet, most companies have done little to inspect user-initiated traffic and protect their users.

Zscaler offers a new spin on security products by placing the focus on the user instead of the server, protecting companies from the new generation of security threats.

In the press release, Zscaler said it plans to use the new investment to “further accelerate its go-to-market strategy with expanded sales and marketing, and further develop its cloud security offering with a high emphasis on mobility.”

“To date, we have resisted outside investment despite inquiries from top-tier investors. Our new strategic partners share our vision and are committed to helping Zscaler build a long-lasting business,” said Zscaler CEO Jay Chaudhry. “Many web security vendors are putting appliances in the cloud and calling it cloud security. Zscaler is the only company that has the right architecture to securely enable the mobile, cloud and social media applications that often bypass traditional security altogether.”

Zscaler has grown rapidly in a short period of time, and currently protects over 8 million users in 160 countries with the world’s largest security cloud.

The Zscaler Global Security Cloud enables IT organizations to replace many different point security products with a single, web-based solution, while eliminating the need to reroute traffic to a central location or proliferate costly appliances in multiple locations.

Zscaler is also a founding member of the Cloud Security Alliance, and operates the Zscaler ThreatLabZ research labs, which leverage billions of daily web transactions from millions of users around the album to identify and alert customers of threats as they occur.

Talk back: Are you currently offering security a beyond-network service to customers? Are you considering using Zscaler? Let us know in the comments.

Related posts:

  1. Cloud Brokerage Ingram Micro to Sell Netmagic Cloud Services
  2. The Open Group Publishes Standards for SOA and Cloud Computing

Source : http://www.thewhir.com/web-hosting-news/cloud-security-firm-zscaler-raises-38-million-in-funding

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