Email Security Firm Proofpoint Sees Increase in Investments as Data Security Issues Make Headlines

As data breaches and email security have become mainstream headlines, email security firm Proofpoint has been seeing an increase in investment. According to Morningstar data, the company is worth $1.6 billion and has increased its portfolio about 15 percent since last quarter. Interestingly, the company counts a total of 249 funds funds that own the stock, an unusually high number for such a small company that has yet to show a profit.

Read the whole story at Reuters »
Tags: email
Recommend (3) Print RSS
All content published by MediaPost is determined by our editors 100% in the interest of our readers ... independent of advertising, sponsorships or other considerations.