Tech Company Financing Transactions

Proofpoint Funding Round

Proofpoint secured a $9 million Series B funding round on 10/14/2003. Investors included RRE Ventures, Benchmark Capital and Mohr Davidow Ventures.

Transaction Overview

Company Name
Announced On
10/14/2003
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series B
Investors

RRE Ventures (Lead Investor) (Stuart Ellman)

Benchmark Capital (Kevin Harvey)

Mohr Davidow Ventures (Jon Feiber)

Stanford University

Proceeds Purpose
The company will use the funding to strengthen cutting-edge research as well as accelerate broad sales expansion to Fortune 500 companies.

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: 10/13/2003: OpVista venture capital transaction
Next: 10/14/2003: Transmode Systems 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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