Cloud Security Platform Zscaler Raises A $100M Series B Round Led By TPG, Now Valued At Over $1B
August 3, 2015
Grazed from TechCrunch. Author: Frederic Lardinois.
Security platform Zscaler today announced that it has raised a $100 million Series B funding round led by late stage investor TPG. The company, which offers a wide range of web, mobile and cloud security services for enterprises, has now raised a total of $138 million and says that its valuation in this last round was over $1 billion. Other investors include EMC and previous investor Lightspeed Venture Partners.
“Our mission is to make the Internet safe for business by delivering an amazing security platform that protects our clients and enables the strategic adoption of cloud computing, mobile devices and the Internet of Things,” said Jay Chaudhry, CEO of Zscaler, in today’s announcement…
“The investment and partnership from TPG and the global relationships and experience they provide will enable us to accelerate investment in our technology, grow our customer base and aggressively scale our business to meet growing demand. We are excited to join an elite group of security companies valued in excess of $1 billion.”…
Read more from the source @ http://techcrunch.com/2015/08/03/cloud-security-platform-zscaler-raises-a-100m-series-b-round-led-by-tpg-now-valued-at-over-1b/