Zscaler Raises $100M Funding Round

Funding Rounds

Summary

Zscaler, Inc., a San Jose, CA-based Internet security company, closed a $100m round of financing.The round, which valued the company in excess of $1 billion, was led by TPG, with participation from existing investors EMC and Lightspeed Ventures.In conjunction with the funding, Nehal Raj, Partner at TPG, will be appointed to Zscaler’s Board of Directors.The company intends to use the funds to accelerate investment in technology, grow the customer base and scale the business.Thousands of enterprises and government organizations, including United Airlines, Humana, NBC and National Health Services of the UK, currently use Zscaler.

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Amount $110.0M Total raised
Date August 3, 2015 Announcement date
Investors CapitalG, TPG Growth Lead investors
Company http://www.zscaler.com Funded company

Classifications

industries
No industries detected
applications
Web and Content Management

AskAI Classifications

Labels
Cybersecurity Software SaaS Zero Trust Security

Linked Companies

Zscaler
$1B+