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Cloud security company Zscaler announces $38 million funding.

Cloud-security providerZscalerhas announced it has received $38 million in venture-capital funding, naming Lightspeed Ventures as a strategic investor but not the other venture-capital partners involved in the round.

Until now, San Jose, Calif.-based Zscaler, founded by its CEO Jay Chaudhry in 2008, has been entirely funded through internal investment. Chaudhry said today that although the company in the past had "resisted outside investment," the decision was made to accept the $38 million in capital in order to expand the company's sales and marketing and further develop its cloud security offerings, putting an emphasis on mobility.

Zscaler says it today has over 100 data centers worldwide and processes 5 billion transactions a day related to cloud security for more than 2,500 global enterprises, including 8 million users in 160 countries, in services that don't require specialised hardware or software.

The announcement comes on the heels ofMocana, a mobile security player, announcing $25 million in funding.

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Publication:Computer News Middle East
Date:Sep 2, 2012
Words:170
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