Around the Net
Email Security Firm Proofpoint Sees Increase in Investments as Data Security Issues Make Headlines
- Reuters, Monday, March 17, 2014 4:57 PM
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.
