About Code42
Code42 is a company based in Minneapolis (United States) founded in 2001 was acquired by Mimecast in July 2024. Code42 has raised $138.1 million across 2 funding rounds from investors including Mimecast, Accel and Split Rock Partners. The company has 524 employees as of December 31, 2022. Code42 has completed 1 acquisition, including Recursive Awesome. Code42 offers products and services including Incydr, Advanced Email Security, and Aware. Code42 operates in a competitive market with competitors including CrowdStrike, Acronis, Veeam, Rubrik and F Secure, among others.
- Headquarter Minneapolis, United States
- Employees 524 as on 31 Dec, 2022
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Mimecast Services Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$138.1 M (USD)
in 2 rounds
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Latest Funding Round
$85.6 M (USD), Series B
Oct 02, 2015
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Investors
Mimecast
& 4 more
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Employee Count
524
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Mimecast
(Jul 24, 2024)
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Products & Services of Code42
Code42 offers a comprehensive portfolio of products and services, including Incydr, Advanced Email Security, and Aware.
Detects and prevents data loss from insiders in real time.
Secures organizations against sophisticated email attacks using AI.
Monitors and ensures compliance in collaboration tools.
People of Code42
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Software Development Team
93 people
Sales and Marketing
58 people
Leadership Team
40 people
Human Resources and Administration
36 people
Product Management Team
35 people
Finance and Accounting
24 people
Senior Team
22 people
Legal and Compliance
14 people
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Funding Insights of Code42
Code42 has successfully raised a total of $138.1M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $85.6 million completed in October 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Code42
Code42 has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Mimecast, Accel and Split Rock Partners.
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Accel is recognized as a leading venture capital firm.
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US venture capital investments are made across all stages.
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Venture capital investments are offered to startups by NEA.
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Investor details for Code42
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Investments & Acquisitions by Code42
Code42 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Recursive Awesome.
Investment portfolio details for Code42
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of NLP, computer vision, cloud, and IoT services
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Complete acquisition details for Code42
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Financial Statements - Code42
Detailed financials for Code42
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Code42 Comparisons
Peer comparison for Code42
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Competitors of Code42
Code42 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CrowdStrike, Acronis, Veeam, Rubrik and F Secure, among others.
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Endpoint threats are detected via artificial intelligence by the platform.
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Cloud-based enterprise management solutions including backup and recovery are provided.
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IT backup and recovery solutions are provided via cloud platform.
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Converged data management solutions are provided for backup and recovery.
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Unified endpoint security solutions are provided for threat management.
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Cloud based endpoint security solutions
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Detailed competitors of Code42
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Latest news on Code42
Complete news archive for Code42
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Frequently Asked Questions about Code42
Code42 was founded in 2001 and raised its 1st funding round 11 years after it was founded.
Code42 is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Code42 is a funded company, having raised a total of $138.1M across 2 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Code42 is 524.
Founded in 2001 and headquartered in Minneapolis, United States, Code42 operates in the cybersecurity and data protection sector. Endpoint backup and security services are delivered through a cloud platform, featuring real-time data monitoring via dashboards, configurable security policies, data retention and auditing capabilities, encryption during transmission, and single sign-on for access management. CrashPlan is utilized for distributed user data backups, alongside cloud-native protection tools and microlearning resources for security education.
Code42 offers Incydr, Advanced Email Security, and Aware.
Code42 has made 1 acquisition, including Recursive Awesome.
Code42 has 5 investors. Key investors include Mimecast, Accel, Split Rock Partners, NEA, and JMI Management.