About Code42
Code42 is a Technology company based in Minneapolis (United States) founded in 2001, and was acquired by Mimecast in July 2024. Cloud-based endpoint data backup and security solutions are offered. Code42 has raised $138.1 million across 2 funding rounds from investors including Mimecast, Accel and Split Rock Partners. The company has 524 employees. Code42 has completed 1 acquisition, including Recursive Awesome. Its website code42.com draws about 30 thousand monthly visits. Code42 offers products and services including Incydr, Advanced Email Security, and Aware. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Storage Management and Backup & Recovery. Its legal entity is Mimecast Services Limited. Its competitors include CrowdStrike, Veeam and Rubrik; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Minneapolis, United States
- Employees 524
- Stage Acquired
- SectorsTechnology
- Website category Computers Electronics and Technology · File Sharing and Hosting
- Website code42.com
- Social LinkedIn X Facebook
- Acquired by Mimecast (Jul 2024)
- Legal Name Mimecast Services Limited
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.
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.
- Total Funding $138.1M
- Total Rounds 2
- Last Round Series B — $85.6M
- First Round $52.5M
(Jan 2012)
- Investors Count 4
All 2 funding rounds of Code42 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2015 | $85.6M | Series B | – | New Enterprise Associates, JMI Management | |
| Jan 2012 | $52.5M | Series A | – | Accel |
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
US venture capital investments are made across all stages. | splitrock.com | Eden Prairie, United States | ||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Private equity firm investing in software companies | jmi.com | Baltimore, United States | ||
Cloud-based email security and management solutions are provided. | 2003 | mimecast.com | London, United Kingdom |
Investor details for Code42
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Code42
411 people are tracked at Code42 (130 in leadership, 5 in board & advisors, 276 in team); the tracked headcount is 524.
| Name | Role | Group |
|---|---|---|
Michael Paisley | Chief Security and Resilience Officer | Leadership |
Peter Bauer | CEO | Leadership |
Sarah Sheehy | Vice President Procurement And Real Estate | Leadership |
Catriona Stone | Senior Talent Acquisition Partner | Leadership |
Jocelyn Netishen | Sr. Director, Corporate Fp&a | Leadership |
Bryan Vermes | Director, Employee Experience And Communications | Leadership |
Roshan Bhageerutty | Senior Director, Learning & Organisational Development | Leadership |
Josef Nankivell | Director - Cloud Platform | Leadership |
Lilian Kidston | Vice President, Marketing Strategy & Planning | Leadership |
Mark Guntrip | Vice President Product Marketing | Leadership |
Ashly Sadat | Senior People And Program Partner | Leadership |
Alison Carney Senior | Director, Global Legal ARC Operations | Leadership |
Ross Rennie | Vice President Data Management | Leadership |
Bharath Patlolla | Director Of Software Engineering | Leadership |
James Morgan | Senior Vice President EMEA | Leadership |
James Lee | Vice President Of Channels Sales - EMEA | Leadership |
Sebastien Weber | Regional Vice President Sales - Southern Europe | Leadership |
Jennefer Power | VP Partner Alliances | Leadership |
Helen Cox | Channel Director, VAR Partners | Leadership |
James McNab | VP EMEA Marketing | Leadership |
391 more people are available in the full profile.
Complete people profiles for Code42
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Code42
Code42 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Recursive Awesome.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of NLP, computer vision, cloud, and IoT services | recursiveawesome.com | Saint Paul, United States | 2008 | Jun 2011 | •••• |
Complete acquisition details for Code42
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Code42
5 dated milestones of Code42 across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Code42 is founded.
- Acquisition Acquires Recursive Awesome.
- Funding First funding round of $52.5M.
- Funding Latest funding round, Series B, of $85.6M.
- Exit Acquired by Mimecast.
Competitors of Code42
Code42 has 3 listed competitors in our database, 3 of them funded. They include CrowdStrike, Veeam and Rubrik.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| crowdstrike.com | 2011 | Sunnyvale, United States | $430M | 826 | Endpoint threats are detected via artificial intelligence by the platform. | |
| veeam.com | 2006 | Columbus, United States | $644.58M | 109 | IT backup and recovery solutions are provided via cloud platform. | |
| rubrik.com | 2014 | Palo Alto, United States | $553M | 1,715 | Converged data management solutions are provided for backup and recovery. |
Detailed competitors of Code42
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Code42
The website of Code42 (code42.com) receives about 29.7K visits a month and ranks #941,281 among all websites worldwide, #1,833 in File Sharing and Hosting.
- Monthly visits29.7K
▲ 18.6% vs previous month
- Unique visitors9.1K
per month
- Global rank#941,281
among all websites
- Category rank#1,833
Computers Electronics and Technology · File Sharing and Hosting
- Bounce rate35%
- Pages per visit3.9
- Average visit13 min 27 sec
- DevicesDesktop 67% · Mobile 33%
Websites whose visitors overlap most with Code42. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| crashplan.com | 100% | 129K | #276,282 | View details | |
crashplanpro.com | crashplanpro.com | 76% | #2,979,847 | – | |
| google.com | 58% | 85.8B | #1 | View details | |
| cisco.com | 58% | 14.5M | #3,521 | View details | |
| mentormate.com | 55% | 14.3K | #1,771,572 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 28 similar websites and full traffic analytics for Code42
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 28 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in IT Services & Operations
3 companies that operate in the same segment as Code42 (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Code42
Complete news archive for Code42
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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. The company's 1st funding round was a Series A of $52.5M, raised on Jan 2012.
Code42 has 524 employees.
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's top competitors include Rubrik, Veeam and CrowdStrike.
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.
Code42 operates through Mimecast Services Limited.
Yes. Code42 was acquired by Mimecast in July 2024.