Zscaler

Zscaler was founded in 2007 and is a provider of cloud services to protect Internet traffic for companies of various scales, up to the giants on the Fortune 500 list. Zscaler has more than 40 traffic scanning nodes worldwide. This cloud is constantly expanding, which allows you to protect traffic without visible delay and performance degradation.

Zscaler, which entered the stock market in March 2018, is a pioneer in the field of network security in the era of cloud computing; Dell Technologies Capital led the very first round of investment in this company in 2012.

Activity indicators

2020: Multi-year losses due to high costs

In fiscal 2020, Zscaler raised $431.3 million, which is 42% more than a year earlier. Sales from the manufacturer of information security solutions are growing rapidly from year to year, but for many years the company has remained unprofitable due to the high costs of marketing, research, development, organization of sales, recruitment, etc.

For the 12-month reporting period, which ended on July 31, 2020, net losses reached $115.1 million, increasing from $28.7 million a year earlier. The previous three years were also unprofitable for Zscaler, as evidenced by the statements submitted to the US Securities and Exchange Commission (SEC).

Zscaler has been unprofitable for many years, although sales of IB solutions are growing rapidly

Companies are conducting a digital transformation at an unprecedented pace, and this contributed to the implementation of the Zscaler Zero Trust Exchange platform and our strong financial results for the year, "says Zscaler Chairman and CEO Jay Chaudhry, whose words are quoted in the company's reports. - In a new economy that allows you to work from anywhere where outdated networks and security systems are a problem, companies turn to our Zero Trust Exchange system in search of the right architecture to ensure success and create a competitive advantage in this cloud and mobile world.

Zscaler continues to strengthen its partner business: in 2020, about 90% of the company's product sales were to partners. As for the largest regional markets, the first place is still occupied by the United States, which accounted for almost half of the annual turnover of the IB vendor. EMEA countries (Europe, Middle East, Africa) are in second place in terms of revenue, the Asia-Pacific region is in third place, the share of which was measured by several percent. [Zscaler Reports Fourth Quarter and Fiscal 2020 Financial Results https://www.tadviser.ru/images/3/32/Press_Release.pdf]

History

2021: Acquisition of Smokescreen Technologies

On May 25, 2021, it became known that Zscaler, one of the American the suppliers of cloudy resource protection solutions, is acquiring, startup Smokescreen Technologies whose flagship development Smokescreen is designed to counter, to target cyber attacks invasions and attempts to implement ransomware cryptographers into corporate resources. More. here

2020

Buying IB Security Developer from Edgewise Networks Cloud and Data Center

On May 28, 2020, Zscaler announced the acquisition of Edgewise Networks. More details here.

Buying an IB company that prevents cloud applications from being misconfigured

On April 9, 2020, Zscaler announced the purchase of Cloudneeti, but did not name the cost of the acquisition. The company expects to close the deal before the end of April. More details here.