Proofpoint Acquires Cloudmark for $110 Million

Staff

7 years ago

Proofpoint Acquires Cloudmark for $110 Million

Proofpoint, Inc., a cybersecurity company, has entered into a definitive agreement to acquire Cloudmark, Inc., a company that provides messaging security and threat intelligence for Internet service providers (ISPs) and mobile carriers worldwide. The transaction is expected to close in 2017.

Cloudmark correlates email threat telemetry data into its global threat network, including malware campaigns, spear phishing, and business email compromise. As part of the acquisition, this global threat network will be incorporated into Proofpoint’s Nexus platform.

The startup previously raised $39 million from investors including Summit Partners and Ignition Partners.

“We are excited to welcome Cloudmark’s ISP and mobile carrier customers to Proofpoint,” said Gary Steele, chief executive officer of Proofpoint. “By combining the threat intelligence from Cloudmark with the Proofpoint Nexus platform, we can better protect all of our customers – both enterprises and ISPs – from today’s rapidly evolving threats.”

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