Congratulations to Proofpoint for successfully completing its IPO this morning. It’s priced above the range and up 30% at the opening.
It’s nice to see that public investors recognize the market opportunity for Proofpoint’s SaaS based secure messaging platform for the corporate enterprise. Investing in this company from incubation at MDV to follow-on investing at Bridgescale has been a wonderful experience. Congratulations to the founders, management team and all investors.