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Cloud security company Zscaler files for a $100 million IPO

February 16, 2018
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Zscaler, which provides integrated, cloud-delivered enterprise security services, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The San Jose, CA-based company was founded in 2007 and booked $154 million in sales for the 12 months ended January 31, 2018. It plans to list on the Nasdaq under the symbol ZS. Zscaler filed confidentially on August 25, 2017. Morgan Stanley, Goldman Sachs, BofA Merrill Lynch, Barclays, Deutsche Bank, Credit Suisse and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.