Proofpoint is aiming for new investments in view of its return to the public market
Proofpoint, a major player in the cybersecurity industry, is reportedly considering securing pre-IPO funding as part of its strategy to re-enter the public trading sphere. This move, as detailed by sources, reflects the company's strong growth trajectory and its plans to take advantage of buoyant market conditions. Since being acquired by private equity firm Thoma Bravo in a deal valued at $12.3 billion in 2021, Proofpoint has been under the leadership of CEO Sumit Dhawan. Under Dhawan's leadership, the company has focused on expanding its cybersecurity solutions, with the aim of strengthening its market position before going public again. Industry…