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EMC was reportedly the lead investor in a $38M funding round for Zscaler, a rapidly growing...

  • Friday, August 31, 2012, 1:27 PM ET
    EMC was reportedly the lead investor in a $38M funding round for Zscaler, a rapidly growing provider of cloud-based security services that monitor corporate Web traffic. EMC execs have repeatedly expressed their interest in buying security firms, as the company tries to lower its exposure to a slow-growing storage hardware business. An Akamai (AKAM) exec recently named Zscaler as the kind of startup his company might want to buy.
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