Steele On Security
Proofpoint is fresh off of a second quarter in which the security vendor posted double-digit sales and billings growth. The Sunnyvale, Calf.-based company has been named a "leader" by Gartner in its 2015 Gartner Magic Quadrant for Secure Email Gateways and saw revenue rise 37 percent to $63.5 million in the second quarter. Earnings for the quarter posted a net loss of $25 million, compared to $15.1 million in the same quarter last year. Behind those numbers is a rapidly changing and competitive security landscape for both the vendor and its partners, CEO Gary Steele said in an interview with CRN after the earnings call.
Take a look at where Steele said he sees the market moving, and who Proofpoint is displacing along the way.