Code42 - About the company
Code42 is an acquired company based in Minneapolis (United States), founded in 2001 by , and . It operates as a Cloud based endpoint data backup and security solution. Code42 has raised $138M in funding from investors like Accel, New Enterprise Associates and JMI Management. The company has 998 active competitors, including 78 funded and 117 that have exited. Its top competitors include companies like CrowdStrike, Acronis and Rubrik.
Company Details
Cloud based endpoint data backup and security solution. The features of the solution include a dashboard for real time data status, security settings, maintaining data access retention policies and auditing, encryption of data in transit, and SSO for user management. It also provides crashplan which backs up distributed end user data. It offers a range of products and services, including a cloud native data protection tool, instructor and a microlearning security tool.
- Website
- Social
- Registered Address
- Minneapolis, Minnesota
Key Metrics
Founded Year
2001
Location
Minneapolis, United States
Stage
Acquired
Total Funding
in 2 rounds
Latest Funding Round
Ranked
18th among
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Mimecast (Jul 24, 2024)
Legal entities associated with Code42
Code42 is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: D2601_HRB223173 Germany, Active | Jan 19, 2016 | - | - | - |
CIN: 4414532 United States, Active | Jun 07, 2013 | - | - | - |
CIN: 412019591 United States, Active | Dec 31, 1999 | - | 524 (as on Dec 31, 2022) | - |
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Code42's acquisition details
Code42 got acquired by Mimecast on Jul 24, 2024. It was facilitated by Piper Sandler.
Click to take a look at Code42's acquisition in detail
Code42's funding and investors
Code42 has raised a total funding of $138M over 2 rounds. Its first funding round was on Jan 06, 2012. Its latest funding round was a Series B round on Oct 02, 2015 for $85.6M. 4 investors participated in its latest round, lead by New Enterprise Associates and JMI Management.
Code42 has 10 institutional investors including Accel, New Enterprise Associates and JMI Management.
Here is the list of recent funding rounds of Code42:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Oct 02, 2015 | $85.6M | Series B | 9780105 | 9126642 | |
Jan 06, 2012 | $52.5M | Series A | 5683900 | 8279787 |
View details of Code42's funding rounds and investors
Code42's founders and board of directors
The founders of Code42 are , and .
Here are the details of Code42's key team members:
- : Co-Founder & Board Member of Code42 and founder of .
- : Founder of Code42.
- : Former Co-Founder of Code42.
View details of
Code42's employee count trend
Code42 has 524 employees as of Dec 22. The total employee count is 11.0% more than what it was in Dec 21. Here is Code42's employee count trend over the years:Access ÃØÃÜÑо¿Ëù on any website
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Code42's Competitors and alternates
Top competitors of Code42 include CrowdStrike, Acronis and Rubrik. Here is the list of Top 10 competitors of Code42, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | CrowdStrike 2011, Sunnyvale (United States), Public | Artificial intelligence based endpoint threat detection platform | $330M | General Atlantic, IVPÌý&²¹³¾±è;Ìý | 82/100 |
2nd | Cloud based platform offering enterprise management solutions | $658M | CPP Investments, Kaplan Group InvestmentsÌý&²¹³¾±è;Ìý | 78/100 | |
3rd | ![]() Rubrik 2014, Palo Alto (United States), Public | Provider of live data access for recovery and application development platform | $553M | Kaplan Group Investments, IVPÌý&²¹³¾±è;Ìý | 78/100 |
4th | Veeam 2006, Columbus (United States), Acquired | Cloud based platform offering IT backup management solutions | $645M | CPP Investments, Insight PartnersÌý&²¹³¾±è;Ìý | 77/100 |
5th | Aura 2017, Burlington (United States), Series G | Unified endpoint security solutions provider | $672M | Warburg Pincus, Annox CapitalÌý&²¹³¾±è;Ìý | 73/100 |
6th | Datto 2007, Norwalk (United States), Acquired | Cloud based platform offering continuity management software | $100M | SLR Investment Corp, HTIFÌý&²¹³¾±è;Ìý | 73/100 |
7th | Provider of unified endpoint device solutions | - | Taaleri, Ìý&²¹³¾±è;Ìý | 72/100 | |
8th | ![]() Lookout 2007, San Francisco (United States), Series G | Provides data protection and cloud security solution | $284M | Millennium Technology Value Partners, Goldman SachsÌý&²¹³¾±è;Ìý | 72/100 |
9th | SentinelOne 2013, Mountain View (United States), Public | Cloud based endpoint security solutions | $697M | HTIF, W Capital PartnersÌý&²¹³¾±è;Ìý | 71/100 |
10th | ![]() AvePoint 2001, Jersey City (United States), Public | Cloud based platform offering data backup and recovery solutions | $90M | Herald Investment Management, Goldman SachsÌý&²¹³¾±è;Ìý | 68/100 |
18th | 2001, Minneapolis (United States), Acquired | Cloud based endpoint data backup and security solution | $138M | Odenn Ventures, New Enterprise AssociatesÌý&²¹³¾±è;Ìý | 62/100 |
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Code42's Investments and acquisitions
Code42 has acquired . Code42 has not made any investments as of now.
Reports related to Code42
Here is the latest report on Code42's sector:
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News related to Code42
Media has covered Code42 for a total of 4 events in the last 1 year, 1 of them has been about company updates.
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Benzinga•May 06, 2024•Code42
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Benzinga•Mar 26, 2024•Code42
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Business Wire•Dec 12, 2023•Code42
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Business Wire•Sep 12, 2023•Code42
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