Renaissance Capital logo

Proofpoint prices IPO at $13, above the range

April 20, 2012

Proofpoint, which provides on-demand data protection solutions to large and mid-sized enterprises, raised $82 million on Thursday by offering 6.3 million shares (19% insider) at $13, above the $10 to $12 range. The company will list on the NASDAQ under the symbol "PFPT". Credit Suisse and Deutsche Bank Securities served as joint bookrunners on the deal.