Zscaler Rides Channel Wave To Go After Smaller Enterprises
VARs accounted for just over half of Zscaler’s revenue in the quarter ended Jan. 31, up from the high 40-percent range in previous quarters as the fast-growing cloud security vendor pushes downmarket. By Michael Novinson February 25, 2021, 06:57 PM EST
Zscaler has added and expanded its business with channel partners who serve small enterprises as the company pushes downmarket beyond its traditional large enterprise base.
The San Jose, Calif.-based cloud security vendor said VARs accounted for just over half the company’s revenue in the quarter ended Jan. 31, up from the high 40-percent range in previous quarters, according to Chief Financial Officer Remo Canessa. The progress Zscaler has made in landing customers with between 2,000 and 6,000 employees has exceeded expectations, according to CEO Jay Chaudhry.
Palo Alto Networks Probes New Equity Structure For Cloud, AI Unit
‘[The market] values the network security business in cash flow and values the cloud and AI business in ARR. So we want to be able to create the opportunity for the market to value our businesses differently,’ says CEO Nikesh Arora. By Michael Novinson February 22, 2021, 07:00 PM EST
Palo Alto Networks is exploring different equity structures for its cloud and AI security business that could potentially allow different investors to bankroll the high-growth practice.
The Santa Clara, Calif.-based platform security vendor said its board of directors has approved creating a vehicle for its employees to invest in equity around the company’s cloud and AI business, more tightly aligning the interest of employees and shareholders, said CEO Nikesh Arora (pictured). The cloud and AI business includes the company’s Prisma Cloud, Cortex security operations, and incident response se
Here’s a look at 20 web, application and email security companies that have invested in everything from safeguarding cloud applications and embedding certificates on chips to identifying software vulnerabilities and protecting against phishing attacks.
ScienceLogic Raises $105M In Funding, Signaling Company’s Rise In The AIOps Arena
The company will use the new financing to accelerate development of its AI-based digital infrastructure monitoring platform for hybrid-cloud management tasks. By Rick Whiting February 23, 2021, 03:28 PM EST
ScienceLogic, a developer of AIOps and IT infrastructure monitoring software, has raised $105 million in a Series E round of financing, the company said Tuesday.
The impressive financing round is sure to raise the profile of the Reston, Va.-based company in the rapidly growing hybrid-cloud IT management space.
“More than ever, IT operations management has taken root as a front-office priority supporting mission-critical digital experiences that define the way we live, work and play,” said Dave Link, ScienceLogic founder and CEO, in a statement.
Check Point Harmony To Protect Web Browsing, Remote Access
Check Point Harmony brings together endpoint, browser, email and remote access security into a single offering that’s managed via a cloud service, and is available to customers for $11 per user per month. By Michael Novinson February 23, 2021, 11:00 AM EST
Check Point has rolled out the Harmony unified offering to secure both internet connections as well as corporate and BYOD devices for remote workers.
The San Carlos, Calif.-based platform security vendor said Check Point Harmony brings together endpoint, browser, email and remote access security into a single tool that’s managed via a cloud service. The entire Harmony bundle will be available to customers for $11 per user per month, while each of the individual components will cost roughly $4 per user per month on a standalone basis.