Credit: Shutterstock photoZscaler, 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 and Goldman Sachs are the joint bookrunners on the deal. No pricing terms were disclosed.
The article Cloud security company Zscaler files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
