We’ve been hearing that Postini, a security and compliance company, is on track to file for their initial public offering in the next few weeks.
They recently hired a new CFO, Murray Demo, who can handle the IPO process. He was with Adobe for ten years and served as CFO for the last six. According to our source, the company held what is called a “bake off,” which is a selection process for the investment bankers who will market and sell the company’s stock in the IPO, and selected Merrill Lynch as the lead underwriter. Merrill Lynch just happens to be one of Postini’s early customes, so loyalty may have played a part.
Postini’s revenues are rumored to be at around a $75 million run rate, and is “very” profitable.
This is the year that IPOs may make a big comeback. We are tracking a few companies that made it through the downturn, sometimes by resorting to drastic measures to keep the company going, and who are now planning to hit the public markets. Postini will likely not have the $1 billion valuation that Netsuite is looking for, but it is a healthy and profitable company nonetheless.
See the Postini profile here.
Tat’s an odd name for a security company. I thought it had something to do with mails.
WOW, well, I heard, my balls are THIS close to being shaved.
Too bad that everyone will switch to latest OS and their services will no longer be required.
My balls heard they’re being shaved!!!!!
*bad slang for upgrading to mac Tiger!!!
Lots of shaving going on. Security companies finding new ways to infect OS’s and PC’s to justify existence.
Mukesh, true that is not an inspired name for a security company, but this counts less if they are good in what they’re doing.
Awesome, I can’t wait for the second IPO boom (and I’m being serious)
yeah – so I figured out their business plan –
– Buy / Build out security software for everything you can think of ;
– then offer your ‘’solutions” to everyone and land a couple big deals….
-RB
Postini is an e-mail spam filtering service. We use it in house and for most of our clients…it is the cats ass. Several smaller ISPs all of the country use it as well for their spam filtering that they offer to clients. It provides antivirus, spam filtering, easy reporting and good partner channet to handle everything. Best solution we have used for Spam filtering hands down.
Just a quick comment on Postini…..as a user for the past two years (our whole company has this as a feature of our Hosted Exchange server at Lanlogic.com), I consider the company a valuable partner to keeping us SPAM free. Their interface is simple, and it’s been a big productivity partner for us. They’re in the background doing their job. Works very well for us.
the bubble starts when the public gets hurt. IPO’s mean bubble is coming.
We’ve been a Postini partner/reseller for a few years now and their spam/virus filtering service is, bar none, the best we’ve used. I look forward, personally, to buying some of their stock.
(By the way, the site RobinReed mentioned is actually http://www.lanlogic.net if you want information about our services. Hi Robin!)
We have been using Postini for about 3 years on our shared hosting service. They are a great company and I’m sure the IPO will do well.
http://www.onewebhosting.com
I assisted in the startup of another email security company that went head-to-head with these guys. Once you have a service like this, you wonder how you ever lived without it.
Their nearest competition: Message Labs (UK) & MX Logic (Denver)
Then you have the appliance market. Barracuda, etc.
postini is simply the best, we have seen all the solutions out there and we rip them out and put postini on every one of our ‘Managed IT Department’ subscribers.
We are amused when subscribers call us concerned that after many months- they received one spam message! If they only knew how bad it could be without Postini…
Sorry about the awful comment. Checking them out now for services.
Best luck to you Postini!
I’d go with MX Logics solution any day… they’ve blocked more spam and phishing attacks than I’d care to mention.
Postini is the Bentley of Messaging Solutions. try it out Buy from a Teir 1 provider try
http://www.spamportal.com (877-4NO-SPAM) (466-7726)
Spam Filtering – Archiving – Encryption – Web Content Filtering
Postini is AWESOME..
Ask our clients
Hello! Good Site! Thanks you! yljhhljsftvq
We’re a Postini resller too! Its a really great solution, and so far, all our clients are 100% pleased with the service they are getting!
See http://www.groveis.com for more info!
Your information on Postini is mostly correct – but there won’t be an IPO. They are being aquired.
yes um how do u download this software?
Thanks for the post