Proofpoint

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Proofpoint, Inc.
Company type Private
Nasdaq: PFPT
IndustrySecurity software
Founded2002;23 years ago (2002)
Founder Eric Hahn
Headquarters
Sunnyvale, California
,
U.S.
Number of locations
Offices worldwide: Australia, Canada, France, Germany, Israel, Italy, Japan, Singapore, Spain, Sweden, The Netherlands, United Arab Emirates, United Kingdom, United States (California, Colorado, Indiana, Massachusetts, New York, North Carolina, Pennsylvania, Texas, Utah, Virginia) [1]
Key people
Sumit Dhawan (CEO)
Marcel DePaolis (CTO)
Rémi Thomas (CFO)
ProductsIdentity threat defense
Email filtering
Email privacy
Email encryption
Email archiving
Anti-spam techniques
Electronic discovery
Data loss prevention software
RevenueIncrease2.svg US$1.050 billion (2020) [2]
Increase2.svg –US$95.196 million (2020) [2]
Decrease2.svg –US$163.809 million (2020) [2]
Total assets Increase2.svg US$2.498 billion (2020) [2]
Total equity Decrease2.svg US$441.744 million (2020) [2]
Owner Thoma Bravo
Number of employees
3,658 (2020) [2]
Proofpoint office in Toronto ProofpointToronto.jpg
Proofpoint office in Toronto

Proofpoint, Inc. is an American enterprise cybersecurity company based in Sunnyvale, California that provides software as a service and products for email security, identity threat defense, data loss prevention, electronic discovery, and email archiving.

Contents

In 2021, Proofpoint was acquired by private equity firm Thoma Bravo for $12.3 billion. [3]

History

The company was founded in July 2002 by Eric Hahn, formerly the CTO of Netscape Communications. It launched July 21, 2003, after raising a $7 million Series A funding round, an additional $9 million in Series B funding led by New York-based RRE Ventures was announced in October, 2003. [4]

The company released the Proofpoint Protection Server (PPS) for medium and large businesses.

Proofpoint became a publicly traded company in April 2012. At the time of its initial public offering (IPO), the company's shares traded at $13 apiece; investors purchased more than 6.3 million shares through the IPO, raising more than $80 million. [5]

On April 26, 2021, Proofpoint announced that it had agreed to be acquired by the private equity firm Thoma Bravo. [6]

Proofpoint co-founder & chairman Eric Hahn (left) with then-CEO Gary Steele (right) at Proofpoint's 15th-anniversary celebration Proofpoint Co-Founder & Chairman Eric Hahn with CEO Gary Steele.png
Proofpoint co-founder & chairman Eric Hahn (left) with then-CEO Gary Steele (right) at Proofpoint's 15th-anniversary celebration

References

  1. ↑ "Office Locations". Proofpoint. August 30, 2016.
  2. 1 2 3 4 5 6 "Proofpoint, Inc. 2020 Annual Report" (PDF). Proofpoint.com. December 31, 2020. Retrieved August 31, 2021.
  3. ↑ "Thoma Bravo Completes Acquisition of Proofpoint" (Press release). GlobeNewswire. August 31, 2021.
  4. ↑ Proofpoint adds funding, San Jose Business Journal, Oct 14, 2003.
  5. ↑ "Proofpoint and Infoblox Rise on Debuts". The New York Times. April 20, 2012. Retrieved July 14, 2012.
  6. ↑ "Proofpoint Agreed To Be Acquired By Thoma Bravo". April 26, 2021.
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