Zscaler has axed nearly 180 workers after more deliberation from new customers around large purchasing decisions led to reduced billings growth. The company revealed plans to cut its 5,900-person staff by roughly 3% - or about 177 positions - as it adapts to a more challenging business environment.
Hewlett Packard Enterprise will soon offer clients single-vendor SASE after agreeing to buy a security service edge startup founded by a Symantec security researcher. HPE will combine the cloud, web and data security technology acquired from Axis Security with its SD-WAN tool from Silver Peak.
Forcepoint's new Security Service Edge offering allows clients to apply access, threat or data loss protection policies across all channels as soon as they're implemented. The firm long offered DLP, SD-WAN, SWG and CASB tools, but the lack of full integration made it tough to apply unified policies.
Open Systems has split its MDR and SASE businesses into separate divisions with unique executive teams to help each optimize its engineering stack and selling motion. The 300-person MDR division will be known as Ontinue and led by Geoff Haydon, who had served as Open Systems CEO since February 2021.
Check Point has at last introduced an SD-WAN offering that supports more than 1,000 applications and is tightly integrated into the company's network security stack, CEO Gil Shwed says. The debut of Quantum SD-WAN makes Check Point Software the last major firewall vendor to enter the SD-WAN space.
Fortinet has blunted the impact of the economic downturn by helping customers consolidate their security footprint and add protection in areas like OT, WiFi and SD-WAN. CEO Ken Xie says Fortinet's ASIC chip allows the company to take market share from rivals while delivering superior performance.
Cisco plans to debut a common design language across its network and security offerings so that products such as Cisco Meraki and Umbrella will no longer look or feel different from one another, says Jeetu Patel, executive vice president and general manager for security and collaboration at Cisco.
Juniper Networks has debuted security service edge capabilities that help clients consistently apply zero trust policies in the cloud regardless of the user or device. Juniper takes the policies customers already use within their network and converts them to cloud-delivered policies with one click.
Tufin has promoted chief revenue officer Raymond Brancato to CEO and tasked him with simplifying visibility, compliance and automation for AWS and Azure. Brancato plans to focus on helping clients better understand their security posture in cloud, SD-WAN and SASE environments.
The embrace of the open internet as the new corporate network has created challenges around remote access and employee security, says Perimeter 81 CEO Amit Bareket. Perimeter 81 has attempted to simplify securing remote work by bringing ZTNA and SWG together on a single management console.
Netskope has taken on more than $400 million in debt to further develop its SASE platform and expand its go-to-market activities. The convertible notes will allow Netskope to capitalize on being one of the only providers of single-vendor SASE and take advantage of a $36 billion market opportunity.
Staying one step ahead of both threat actors and competitors is a tall task for Palo Alto Networks given the breadth of its cybersecurity portfolio. Palo Alto Networks has committed to having best of breed features and functionality in each of the technology categories where it chooses to play.
The security industry has traditionally tried to protect sensitive data by putting control points on endpoints or networks, but Skyhigh Security has taken a different approach. The company applies consistent policies around how data is treated across its ZTNA, SWG and CASB offerings.
Zscaler has notched large, multiyear, multipillar deals as the economic downturn prompts clients to seek replacements for expensive legacy point products, says CEO Jay Chaudhry. Clients are increasingly buying Zscaler's secure web gateway, private access and digital experience tools as one bundle.
Versa Networks has completed a pre-IPO funding round to build out a cloud security portfolio and bring zero trust functionality to campus and branch settings. The SASE vendor says the $120 million Series E round will allow the company to build or buy technology around SSPM, CSPM and CWPP.
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