Tech Company Financing Transactions

Proofpoint Funding Round

On 2/27/2008, Proofpoint landed $28 million in Series E funding from DAG Ventures, Benchmark Capital and Bridgescale Partners.

Transaction Overview

Company Name
Announced On
2/27/2008
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Series E
Investors

DAG Ventures (Lead Investor) (Gregory Williams)

Benchmark Capital (Kevin Harvey)

Bridgescale Partners (Robert Chaplinsky)

Inventures Group (Eric Hahn)

Meritech Capital Partners (Robert Ward)

Mohr Davidow Ventures (Jon Feiber)

Rally Ventures

RRE Ventures (Stuart Ellman)

Proceeds Purpose
The funds will be used to accelerate Proofpoint's continued global expansion, customer acquisition and product development initiatives.

Company Information

Company Status
Publicly-held
Industry
Enterprise IT
Mailing Address
925 West Maude Ave.
Sunnyvale, CA 94085
USA
Email Address
Overview
Proofpoint (NASDAQ: PFPT) provides messaging security solutions for large enterprises to stop spam, protect against email viruses and ensure compliance with corporate policies and regulations through their messaging infrastructure.
Profile
Proofpoint LinkedIn Company Profile
Social Media
Proofpoint Company Twitter Account
Company News
Proofpoint News
Facebook
Proofpoint on Facebook
YouTube
Proofpoint on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gary Steele
  Gary Steele LinkedIn Profile  Gary Steele Twitter Account  Gary Steele News  Gary Steele on Facebook
Chief Financial Officer
Paul Auvil
  Paul Auvil LinkedIn Profile  Paul Auvil Twitter Account  Paul Auvil News  Paul Auvil on Facebook
Chief Technical Officer
Marcel DePaolis
  Marcel DePaolis LinkedIn Profile  Marcel DePaolis Twitter Account  Marcel DePaolis News  Marcel DePaolis on Facebook
VP - General Counsel
Michael Yang
  Michael Yang LinkedIn Profile  Michael Yang Twitter Account  Michael Yang News  Michael Yang on Facebook
VP - Product Management
David Knight
  David Knight LinkedIn Profile  David Knight Twitter Account  David Knight News  David Knight on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/26/2008: Cianna Medical venture capital transaction
Next: 2/27/2008: Kilopass Technology venture capital transaction

 

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Where The Data Comes From

We do our best to document every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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