Nexgaterevenue, acquisition & funding
Cloud Compliance SoftwareBurlingame, CaliforniaFounded 2011
Nexgate was acquired by Proofpoint. See Proofpoint's profile →
Nexgate is a Cloud Compliance Software company based in Burlingame, founded in 2011.
Nexgate revenue
Nexgate's annual revenue was $8.5M in April 2021, its last figure before Proofpoint bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $8.5M | – |
– source not recorded
Who owns Nexgate
Proofpoint owns Nexgate. The date and price of the deal are not on record.
Nexgate funding rounds & investors
Nexgate has raised $4.3M across four rounds since 2011. The latest was a $3.5M funding round in April 2013.
| Date | Round | Raised |
|---|---|---|
| Apr 2013 | Funding round | $3.5M |
| Aug 2012 | Funding round | $250K |
| Sep 2011 | Funding round | $250K |
| Jul 2011 | Funding round | $300K |
| Total raised | $4.3M |
Nexgate CEO, founders & employees
Devin Redmond founded Nexgate in 2011 and led it as CEO. Nexgate had 296 employees (April 2021).
- Devin RedmondFounder & CEO
Team mix (Apr 2021): 126 engineers, 7 in sales, 4 in marketing
Nexgate FAQ
What was Nexgate's revenue?
Before Proofpoint bought it, Nexgate's annual revenue was $8.5M in April 2021 (source not recorded).
Who owns Nexgate?
Proofpoint owns Nexgate.
How much funding has Nexgate raised?
Nexgate raised $4.3M across four funding rounds before Proofpoint bought it. The last was a $3.5M funding round in April 2013.
How many employees does Nexgate have?
Nexgate had 296 employees in April 2021.
Who founded Nexgate?
Devin Redmond founded Nexgate in 2011.
Browse Cloud Compliance Software
How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Nexgate? Join the podcast