Proofpoint

Proofpoint provides people-centric cloud-based and compliance solutions such as cloud security, email security, advanced threat protection, security awareness, web security, and endpoint data loss prevention (DLP) solutions to safeguard consumers’ data from a single console. Proofpoint’s Cloud App Security Broker (CASB) security solutions detect and remediate threats stemming across cloud applications such as Microsoft 365, Google Workspace, and Box. Proofpoint also provides threat protection solutions that leverage threat intelligence based on 40 threat categories, a five-year history, and more in order to automate threat detection and response. Proofpoint Web Security is built on a cloud-based architecture to protect against advanced threats across the web.

Proofpoint operates in the US, UK, Australia, Canada, France, Germany, Israel, Japan, Netherlands, and Singapore.

Proofpoint acquired the Singapore-based AI-powered data protection startup Dathena in January 2022. Dathena provides a multi-patented, AI-powered data discovery and classification platform, which allows organizations to identify, classify, and control their sensitive data including personally identifiable information (PII) in real time. The acquisition strengthened Proofpoint’s DLP solutions, extended its existing integration with Microsoft Information Protection, and increased its footprint and investment in Asia. Proofpoint added Dathena’s AI-driven data classification capabilities to its Information and Cloud Security platform, which helps customers understand information risk and eliminate data loss in compliance with regulatory requirements such as the GDPR and CCPA.

In August 2021, Proofpoint was acquired by the private equity firm Thoma Bravo in a transaction that valued Proofpoint at USD 12.3 billion.

Key customers and partnerships

As of January 2022, the company served over 3,000 organizations including the top global banks, top global retailers, top pharmaceutical companies, top research universities, and more than half of the Fortune 100 organizations. Notable customers include Ethan Allen, US Healthcare Network, Volition, and Shelter Insurance.

In August 2022, the company partnered with the threat detection and response company, SentinelOne to integrate SentinelOne Singularity XDR and Proofpoint Targeted Attack Protection (TAP) solutions and provide organizations with threat intelligence, detection, and response across emails, endpoints, cloud, and identity management.

Funding and financials

In February 2008, the company raised USD 28 million in a Series F funding round led by DAG Ventures. The funds were utilized for product development, to increase its customer base, and to accelerate expansion.