Proofpoint

Valuation $12B

About Proofpoint

Proofpoint provides cloud-based email security, e-discovery, and compliance solutions for companies to protect sensitive business data.
Headquarters Proofpoint, Sunnyvale
Founded 2002-06-01
Industry Email, Enterprise Software, Information Technology, Network Security, SaaS
Last Funding Type Post Ipo Debt
Valuation 12
Total Funding $885.50 million dollars
IPO Status Public

Financial

Proofpoint opened a European headquarters in Cork, indicating a geographical expansion of its operations. The company also hired a new APJ channel lead, suggesting a focus on leadership development in the Asia-Pacific region.

Hackers exploited a misconfiguration in Proofpoint's email security, leading to a massive phishing campaign called EchoSpoofing. This vulnerability allowed attackers to send millions of spoofed emails posing as major brands like Disney, IBM, and Nike. Security researchers have highlighted the critical flaw in Proofpoint's email protection service, which enabled these phishing attacks.
Funding Rounds 7
Number of Lead Investors 6
Total Funding Amount  $885.50 million dollars
Number of Investors 13

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Eric Hahn
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