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Broadband

Zscaler raises USD 100 mln

Monday 3 August 2015 | 15:38 CET | News
Internet security specialist Zscaler has raised USD 100 million in a new round of financing led by an investment fund of TPG. Existing investors EMC and Lightspeed Ventures also contributed to the round. As part of the new investment, Nehal Raj, partner at TPG, will be appointed to the Zscaler board of directors. The company said the investment and partnership from TPG and its global network will help accelerate investment in its technology, grow its customer base and scale the business to meet growing demand. Zscaler said the investment meant it is now valued at over USD 1 billion in total.

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Categories: Internet
Companies: EMC / Zscaler
Countries: World
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