Zscaler Acquires AI Team and Technology of TrustPath
SAN JOSE, Calif., Aug. 24, 2018 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that it has acquired market-leading artificial intelligence (AI) and machine learning (ML) technology and the development team of stealth security startup TrustPath. The acquisition extends Zscaler’s ability to derive intelligence from the 50 billion transactions processed daily at peak periods by its cloud to identify anomalous traffic, build user behavioral profiles, compute enterprise risk posture, and detect sophisticated targeted attacks as they emerge. Financial terms of the acquisition were not disclosed.
TrustPath developed artificial intelligence-based algorithms through machine learning to identify new threats, resulting in enhanced security efficacy and accelerated incident response.
“Zscaler’s cloud security platform is helping leading global enterprises securely transform their infrastructure for the cloud and mobile world,” said Zscaler CEO Jay Chaudhry. “TrustPath’s technology complements the broad and deep security capabilities that Zscaler has already built and further enhances the platform that is protecting over 200 of the Forbes Global 2000 companies.”
The Zscaler platform, which includes behavior analytics, machine learning, Cloud IPS, and zero-day detection, was purpose-built for extensibility. Innovations like TrustPath’s AI and ML technology can be incorporated quickly to deliver new, sophisticated capabilities and protections for Zscaler customers.
Zscaler™ enables the world’s leading organizations to securely transform their networks and applications for a mobile and cloud-first world. Its flagship services, Zscaler Internet Access™ and Zscaler Private Access™, create fast, secure connections between users and applications, regardless of device, location, or network. Zscaler services are 100% cloud delivered and offer the simplicity, enhanced security, and improved user experience that traditional appliances or hybrid solutions are unable to match. Used in more than 185 countries, Zscaler operates a multi-tenant, distributed cloud security platform that protects thousands of customers from cyberattacks and data loss. Learn more at zscaler.com or follow us on Twitter @zscaler.
Zscaler, Zscaler Internet Access, and Zscaler Private Access are trademarks or registered trademarks of Zscaler, Inc.
This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the acquisition extending Zscaler’s ability to derive intelligence from the transactions processed by its cloud and the ability to quickly incorporate TrustPath’s technology. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including, among other things, the retention of employees of TrustPath, the ability of Zscaler to successfully integrate the TrustPath assets, and other risk factors set forth in Zscaler’s most recent report on Form 10-Q. Any forward-looking statements in this release are based on limited information currently available to Zscaler, which is subject to change, and Zscaler will not necessarily update the information.
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