Proofpoint (PFPT), a provider of analytics-based security software, is having a decent, if...

|By:, SA News Editor

Proofpoint (PFPT), a provider of analytics-based security software, is having a decent, if unspectacular, IPO. After pricing its 6.3M share IPO at $13, shares opened at $16.56, but have since sold off to $14.02, good for a 7.8% gain. Proofpoint, which currently sports a market cap of $413M, had 2011 revenue of $81.8M (+26% Y/Y) and a net loss of $20.1M. (S-1)