Zscaler, a provider of cloud security services to small businesses, corporates and service providers, has raised a hefty $38 million from a single investor, Lightspeed Venture Partners. This is the first outside investment ever taken by Zscaler, which was founded in 2007, and had in the past been funded internally. The company is currently cash-flow positive, but it's getting the new injection of funds from Lightspeed to scale up its business: the investment, Zscaler says, will be used for product development -- particularly in the area of mobility -- and to expand Zscaler's sales and marketing efforts. Source: http://feedproxy.google.com/~r/Techcrunch/~3/wkhwmypuAcQ/
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