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10 Hot Cybersecurity Companies To Watch In 2020

Many of the industry's fastest-growing vendors will have their hands full in 2020 integrating major acquisitions, completing their first year as a publicly-traded company, or rolling out new partner programs and technical capabilities.

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Zscaler forged ahead into the browser isolation space with the $13 million acquisition of Appsulate to provide users with secure access to web-based applications and content by rendering safe pixels to the browser, protecting corporate endpoints from security concerns. Browser isolation is especially suited for security sensitive verticals such as financial services and defense, according to Zscaler.

Specifically, San Jose, Calif.-based cloud security startup Zscaler said Appsulate’s technology is highly effective for use cases where the internet or application content should not be downloaded to the end point due to security or data protection concerns. As a result of investments like these, Zscaler’s year-over-year revenue for the 2019 fiscal year jumped by nearly 60 percent to more than $300 million.

The dramatic sales growth has been fueled by Zscaler’s investment in personnel, with the company increasing its headcount by 31 percent to 1,697 people driven by robust hiring around support, sales, engineering and IT. Investors have also looked favorably at Zscaler’s moves, boosting the company’s stock by 21 percent during 2019 to $47.73 per share on a valuation of $6.11 billion.

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