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Cloud security startup Zscaler closes at $33 per share on its first day of trading, up 106%, after raising $192M in its IPO; Zscaler is now valued at ~$3.9B

Alex Wilhelm / Crunchbase News :

Crunchbase News Alex Wilhelm

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Discussion

  • @danprimack Dan Primack on x
    Zscaler closes the day valued at nearly $4 billion. The tech unicorn no one seems to be talking about...
  • @ingridlunden Ingrid on x
    Zscaler ultimately closed up 106% - early exuberance or sustainable level is the question now as co expects losses for the ‘foreseeable future’. Story's updated, plus more from Katie (and the CEO) here http://techcrunch.com/... http://twitter.com/...
  • @ingridlunden Ingrid on x
    Zscaler may not be a hot topic like Dropbox in the IPO world but this is an impressive pop for this more modest enterprise cloud startup, and for a security IPO. https://twitter.com/...