Zscaler Lands $38,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=26930977-8f75-484d-bfe7-9979831dc9b4&Preview=1 -
Date
8/30/2012 -
Company Name
Zscaler -
Mailing Address
110 Baytech Drive San Jose, CA 95134 -
Company Description
Zscaler is the industry-first multi-tenant SaaS security provider.
Most security products (such as firewalls, VPNs and IDS/IPS) protect corporate servers from threats coming from the Internet. Newer threats infect end users— who are accessing Internet resources—via bots, phishing and malicious active content, all of which subsequently infect corporate networks. -
Website
http://www.zscaler.com -
Transaction Type
Venture Equity -
Transaction Amount
$38,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The company, which has until now been exclusively funded by internal investment, is planning to use the new funding 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. -
M&A Terms
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Venture Investor
Lightspeed Venture Partners -
Venture Investor
Undisclosed
