( IPO ) and achieving a valuation of over US $ 1bn . Today , Zscaler serves thousands of customers across various industries , including Fortune 500 companies and government agencies .
“ In the past year , Zscaler achieved a significant milestone by surpassing US $ 2bn in annual recurring revenue ( ARR ),” Jay said in a recent blog . “ We take great pride in the fact that we accelerated from US $ 1bn to US $ 2bn ARR within a span of just seven quarters . Looking ahead , our sights are set on surpassing US $ 5bn ARR , a testament to our continuous growth and the trust placed in us by over 40 % of Fortune 500 companies for their secure digital transformation .”
Jay has consistently advocated for a cloud-first approach to security , recognising the limitations of legacy solutions and the need for a more agile and scalable security architecture . Under his leadership , Zscaler has continuously evolved its platform to address emerging threats and embrace new technologies , such as zero trust network access ( ZTNA ) and secure access service edge ( SASE ).
Beyond his professional achievements , Jay is widely recognised for his philanthropic efforts and commitment to giving back to the community , particularly in his native India . His strategic vision and innovative mindset have meanwhile been instrumental in Zscaler ' s success , being honoured as an Ernst & Young ‘ Entrepreneur of the Year ( Southeast USA )’ and
named one of Goldman Sachs ' ‘ 100 Most Intriguing Entrepreneurs .’ He has consistently advocated for a cloud -first approach to security , recognising the limitations of legacy solutions and embracing new technologies like ZTNA and SASE .
“ Like many iconic technology companies , Zscaler was born out of an original idea , a lot of hard work , and the unwavering belief that this idea had the
28 November 2024