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Securing the Cloud: Zscaler Marks First Cybersecurity Company to Go Public in 2018 .

The cloud-based information security company’s CEO spoke to CNBC’s “Squawk Box” program on the morning of the company’s IPO on Nasdaq.

Securing the Cloud: Zscaler Marks First Cybersecurity Company to Go Public in 2018

ZScaler (Nasdaq: ZS) CEO and Co-founder Jay Chaudhry spoke to CNBC’s Squawk Box program the morning of the company’s March 16, 2018 initial public offering (IPO) at the Nasdaq MarketSite in Times Square. Zscaler is the first big technology company to IPO year-to-date. Headquartered in San Jose, California, Zscaler uses cloud-based software and mobility to deliver security services around the globe.

“People are mobile, applications are in the cloud. Zscaler has built security in the cloud, for the cloud,” said Chaudhry in the interview with Squawk Box co-anchor Becky Quick. “The world has changed: Security is still stuck in the ‘old time’. We have a big opportunity to provide security in the new world of the cloud and deliver value to shareholders.”

Zscaler has more than 2,800 customers in 185 countries and processes 40 billion internet requests per day. Clients include Siemens and GE, who point their cloud-bound traffic toward Zscaler, whose technology ensures “that nothing bad comes in and nothing confidential leaks out,” according to Chaudhry.

Watch Jay Chaudhry’s interview with CNBC’s Squawk Box here:

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