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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.

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