SUNNYVALE, Calif., Feb. 03, 2022 (GLOBE NEWSWIRE) — Proofpoint, Inc. (the “Firm” or “Proofpoint”), a number one cybersecurity and compliance firm, at the moment introduced year-end monetary outcomes for 2021.
“Our sturdy 2021 outcomes are a testomony to our group’s constant execution and devoted concentrate on defending our clients from superior threats and compliance dangers,” acknowledged Gary Steele, chief govt officer of Proofpoint. “As our enterprise reaccelerates popping out of the pandemic, we see one clear development: the chance is shifting to individuals. Our distinctive people-centric method to risk safety, info safety, and compliance continues to win out there, and the focused investments we’ve made in increasing the dimensions of our group and our people-centric cybersecurity and compliance providers will play an essential function in our continued progress all through 2022 and past. Proofpoint leads in defending what issues most to CISOs of their struggle towards at the moment’s massive three dangers: ransomware, enterprise e mail compromise, and information loss, and we look ahead to making additional investments in defending our clients and offering better buyer worth within the years forward.”
2021 Monetary Abstract
- Executed V-shaped restoration over the course of 2021, with each income and billings rising by greater than 20% year-over-year
- Grew new and add-on bookings by 25% year-over-year
- Returned to our world-class renewal charge effectively above 90%, transferring previous the preliminary influence of the pandemic
- Added over 800 new enterprise clients throughout our world operations, complemented by over 50,000 new clients deployed on our Proofpoint Necessities platform serving smaller companies
- Continued success with our bundling program, with almost 75% of our clients now licensing three or extra merchandise
- Accomplished a speedy and profitable transition to working as a non-public firm, with an accelerated plan now in place to rent over 600 individuals in 2022 throughout all organizations and all places
“We noticed distinctive demand for our providers by new and current clients in 2021, with strong momentum throughout our core e mail safety and rising portfolio of rising merchandise,” acknowledged Paul Auvil, chief monetary officer of Proofpoint. “As a non-public firm, our working self-discipline stays unchanged from our eight years as a public firm, with our guideline being to take a position to ship world class know-how and customer support whereas driving worthwhile progress.”
2021 Product & Innovation Highlights
Over 85% of breaches contain a human component, which is why greater than half of the Fortune 1000 depend on Proofpoint’s main people-centric safety and compliance options to mitigate their most crucial dangers, from ransomware, enterprise e mail compromise (BEC), and provide chain threats to information loss throughout cloud, endpoint, net, and e mail. To fulfill the problem of quickly evolving threats, information loss, and compliance dangers, Proofpoint has continued to put money into analysis and improvement at a charge that’s over twice the trade common, delivering an ongoing stream of latest applied sciences and capabilities to our clients to allow them to determine and cease these threats.
Stopping the Threats That Matter: Ransomware, BEC, and Provide Chain
Proofpoint has the world’s main people-centric risk platform and continues to ship the best unified answer, integrating controls throughout e mail, cloud, safety consciousness coaching, impersonation prevention, and phishing response automation to cease at the moment’s main threats. In 2021, we launched trade defining capabilities together with the next:
- Stopped over 100M malicious messages from ransomware-linked risk actors from reaching our clients, whereas giving them visibility into ransomware focusing on traits and trade benchmark comparisons
- Launched Supernova, the newest era of our machine learning-powered detection for impostor threats, which now stops tens of hundreds of BEC assaults each day with unmatched efficacy
- Enhanced our AI/ML capabilities for provide chain danger and credential phishing safety, offering trade main visibility and remediation capabilities into provide chain compromise
- Delivered AI-driven adaptive micro-learning modules for Safety Consciousness Coaching
We have been happy with important buyer momentum each within the Americas and Worldwide areas in our Risk Safety platform over the course of This fall’21 the place we proceed to see acceleration in clients shopping for a broader suite of merchandise from our portfolio. Such clients embrace for instance, a number one World 2000 monetary establishment based mostly in Asia Pacific, which adopted Proofpoint’s P1+ bundle fairly than aggressive choices from Microsoft and KnowBe4. The financial institution changed merchandise from Symantec, Cofense, and Dmarcian with Proofpoint’s built-in platform decreasing complexity and overhead and enormously rising their effectiveness for the #1 risk vector.
Reimagining How Enterprises Cease Knowledge Loss
Past world-class risk safety, Proofpoint additionally supplies a strong set of cloud-based info and cloud safety choices which allow clients to defend their information regardless of the place it resides. Our platform brings collectively e mail, cloud, endpoint, and net information loss prevention (DLP) performance, augmented by insider risk detection capabilities, with unified visibility, incident administration/remediation, and configuration powered by a scalable cloud backend. Our latest acquisition of Dathena enhances our data-at-rest answer for Info Safety that features disruptive ML/AI data-classification know-how and strengthens our DLP capabilities. Notable 2021 highlights embrace:
- Our endpoint DLP with built-in Insider Risk Administration capabilities was expanded to help extra work from wherever information loss situations
- To counter threats and information loss by way of the online, Proofpoint Net Safety was launched in June, offering proxy capabilities for our CASB and a cloud-based Safe Net Gateway
- Acquired and built-in InteliSecure serving to drive profitable DLP deployments
At the moment our Info Safety platform has hundreds of clients defending tens of tens of millions of customers. We noticed good acceleration in our information loss prevention wins, together with a number of important million-dollar Symantec DLP displacements akin to a seven-figure cope with a Fortune 500 monetary providers, funds, and know-how firm that adopted Proofpoint’s total DLP portfolio to switch legacy know-how from Broadcom/Symantec. The corporate is leveraging endpoint, e mail, and cloud DLP merchandise, together with Proofpoint’s Insider Risk Administration capabilities, to advance the state of their safety for important monetary information and mental property as their workforce and IT structure quickly evolves and strikes to the cloud. The corporate now leverages 11 Proofpoint merchandise in whole.
Decreasing Compliance Danger in a Work From Anyplace World
Proofpoint’s Archive & Compliance providing supplies a novel people-centric answer paced with innovation throughout enterprise communication instruments to higher seize, retailer, supervise, e-discover, and provides proof of communications compliance. Our answer continues to be the worldwide chief in supporting massive monetary service organizations, and we proceed to construct our Archive & Compliance capabilities to maintain tempo with the evolving scope of communication channels.
We added a number of important capabilities to proceed to boost our providing, and notable highlights from 2021 embrace:
- Launched NexusAI for Compliance to permit organizations with supervision necessities to benefit from a number of machine-learning fashions, decreasing the pricey human effort of supervision throughout any type of monitored communication
- Enhanced our connectors platform to allow streamlined seize of information from Microsoft Groups, Slack, and Zoom.
A notable buyer win from the latest quarter was a 12,000-user monetary providers group that adopted NexusAI for Compliance. As soon as implanted, our machine studying modules helped the shopper scale back their handbook case opinions by over 65%.
Product Management Market Recognition
- Premier Safety Firm, E-mail Safety – 2021 CISO Alternative Awards
- World E-mail Safety Market Chief for the Seventh Consecutive Yr – Frost & Sullivan
- General Enterprise E-mail Safety Resolution Supplier of the Yr – Cybersecurity Breakthrough Awards
- Greatest E-mail Safety Resolution – 2021 SC Awards
- Chief in Enterprise E-mail Safety – Forrester Analysis, The Forrester Wave: Enterprise E-mail Safety
- Cloud Safety Options – 2021 CISO Alternative Awards
- Chief for Enterprise Info Archiving for Tenth Consecutive Yr – Gartner
Transaction with Thoma Bravo
Proofpoint closed the cope with Thoma Bravo, L.P. (“Thoma Bravo”) within the third quarter of 2021. Proofpoint’s final day buying and selling as a public firm was August 31, 2021, and Proofpoint’s frequent inventory is now not on any public market.
About Proofpoint, Inc.
Proofpoint, Inc. is a number one cybersecurity and compliance firm that protects organizations’ biggest property and largest dangers: their individuals. With an built-in suite of cloud-based options, Proofpoint helps firms world wide cease focused threats, safeguard their information, and make their customers extra resilient towards cyber assaults. Main organizations of all sizes, together with greater than half of the Fortune 1000, depend on Proofpoint for people-centric safety and compliance options that mitigate their most crucial dangers throughout e mail, the cloud, social media, and the online. Extra info is offered at www.proofpoint.com.
Proofpoint is a trademark or registered trademark of Proofpoint, Inc. within the U.S. and different international locations. All different logos contained herein are the house owners.
PROOFPOINT MEDIA CONTACT:
Kristy Campbell
Proofpoint, Inc.
(408) 850-4142
kcampbell@proofpoint.com