Zscaler Announces Intent to Acquire Cloudneeti to Enhance Data Protection Coverage; Jay Chaudhry, Gururaj Pandurangi Quoted

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Zscaler has announced its intent to acquire Cloudneeti, a Cloud Security Posture Management (CSPM) company to provide its customers industry-leading data protection coverage in the Zscaler Cloud Security Platform, Zscaler reported on Thursday.

“Cloudneeti augments Zscaler’s data protection capabilities and will dramatically improve organizations’ cloud security by discovering and eliminating some of the most common causes of data breaches and compliance violations,” said Jay Chaudhry, Chairman and CEO of Zscaler.

Cloudneeti’s platform will prevent and remediate application misconfigurations in SaaS, IaaS and PaaS to reduce data breaches and compliance violations in cloud applications. Zscaler Cloud Security Platform will enable organizations to deliver expert security and user experience as technology continues to evolve.

“Whether caused by SaaS applications being configured incorrectly or a developer accidentally misconfiguring a new public cloud application, these preventable data protection lapses are behind some of the biggest breaches in history. I am thrilled to welcome the Cloudneeti team to the Zscaler family,” said Chaudhry.

With the purchase of Cloudneeti, Zscaler will extend its data protection to public cloud workloads for SaaS applications through CASB. The acquisition will also extend data protection and will further improve Zscaler’s comprehensive data protection by integrating new policies, compliance visibility and risk reduction.

Zscaler will enhance its data protection policies applied across locations, users and application types to ensure consistent and comprehensive data loss prevention in compliance with regulations like GDPR.

The company will also introduce a unified compliance assurance to provide compliance visibility and violation mitigation across SaaS applications like Microsoft Office 365 and cloud service providers including Amazon Web Services and Microsoft Azure to ensure government laws and industry regulations are followed.

Through Zscaler’s automated remediations, the company will ensure cloud applications are not vulnerable to outside threats by following industry and organizationally-defined policies.

In addition, Cloudneeti will improve Zscaler’s compliance assurance and reporting. Cloudneeti’s CSPM capabilities will prevent application misconfigurations and compliance violations by checking SaaS, IaaS, PaaS, and cloud provider configurations.

The data will then be compared to industry and organizational policies to report on violations, and automate remediation with the help of machine learning. Cloudneeti’s capabilities strengthen the data protection capabilities of Zscaler Internet Access (ZIA) and Zscaler’s out-of-band Cloud Access Security Broker (CASB).

“Pravin and I founded Cloudneeti with a vision to end breaches and compliance violations that are caused by entirely preventable misconfigurations as applications move to the cloud,” said Gururaj Pandurangi, Founder and CEO of Cloudneeti.

The transaction is expected to close prior to the completion of Zscaler’s fiscal third quarter subject to the satisfaction of customary closing conditions. Terms of the transaction were not disclosed.

“Cloudneeti was built in the cloud for the cloud, which is why Zscaler is such an exciting technological and cultural fit for the team. We are excited to be working with Zscaler to provide market-leading security assurance to help customers accelerate their digital transformation journey,” concluded Pandurangi.

About Zscaler  

Zscaler (NASDAQ: ZS) 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 percent cloud-delivered and offer the simplicity, enhanced security, and improved user experience that traditional appliances are unable to match. Used in more than 185 countries, Zscaler operates a multi-tenant distributed cloud security platform, protecting thousands of customers from cyberattacks and data loss.

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