Code42

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Code42
Type Private
Industry Software
Founded 2001
Headquarters Minneapolis, MN, USA
Key people Matthew Dornquast, co-founder and CEO
Brian Bell, President and COO
Brian Bispala, co-founder and VP Engineering
Mitch Coopet, co-founder and CrashPlan Product Manager
Products CrashPlan
CrashPlan+
CrashPlan PRO
CrashPlan PROe
SharePlan
Website www.code42.com

Code42 is an American software company that develops and markets the CrashPlan backup software and services suite. It was founded in 2001 as an IT consultancy. Code42 started a project to create a Facebook-like desktop application but ended up focusing on the online storage element, and released CrashPlan in 2007. The company raised $52.5 million in 2012.

CrashPlan is offered to consumers in a freemium model. Backing up to Code42's servers requires a monthly subscription; an enterprise edition is offered as well. CrashPlan gets positive reviews for its pricing, feature-set and user interface, but large initial backups are slow.

History[edit]

Code42 was founded as an IT consulting company in 2001,[1][2] by Brian Bispala, Mitch Coopet, and Matthew Dornquast.[3] The company's name honors Douglas Adams, who authored Hitchhiker’s Guide to the Galaxy and had died that year. In the book, the number 42 is the answer to "life, the universe and everything".[4]

Some of Code42's first projects included a redesign of Sun Country Airlines’ website in 2002,[1] a project for the retailer Target Corporation,[5] and the ticket booking engine for Midwest Airlines.[2] Income from the IT services business was used to fund product ideas for six years.[6] In 2006, the company planned to create a Facebook-like desktop application, but the project became too large and impractical. Code42 focused on the online storage element of the application,[5] creating CrashPlan in 2007.[1]

In June 2011, Code42 acquired a Minneapolis-based mobile development company, Recursive Awesome LLC, to support its software on mobile devices. Recursive’s employees were moved to its Minneapolis headquarters[7] and later a 10,000 square-foot expansion to its offices were built.[5] In 2012, Code42 raised $52.5 million in funding.[3][8][9] The funding was the first[6] distribution from a $100 million pool established in 2011 by Accel Partners to fund Big Data companies.[10]

Business[edit]

As of April 2011, 80% of Code42 Software’s revenue comes from business customers. Most of the remainder comes from consumers[1][2] and a small portion from service provider partners.[4] Code42 has been profitable each year since it was founded.[4][8] It grew from $1.4 million in revenue in 2008 to $11.46 million in 2010 and $18.5 million in 2011.[11] As of 2012, the company had backed up 100 petabytes of data and processed 100 billion files a day.[3]

CrashPlan[edit]

CrashPlan+ user interface

CrashPlan backs up data to remote servers, other computers, or hard drives.[12] It is available on Mac, Windows, Solaris and Linux.[13] The consumer version is sold on a freemium model, where daily local backups are free, but using Code42's cloud service requires a paid subscription called CrashPlan+.[14] There is an option to lease a hard drive, so a faster local backup can be performed to the drive and it can be shipped back to Code42 for initial backup.[15][16] There are also CrashPlan and CrashPlan Pro mobile apps for accessing backed-up data from iOS, Android and Windows devices.[17][18] A file sharing service, SharePlan, was released in October 2013.[19]

Initial backups may take several hours via LAN or days over the internet, but afterwards, continuous and incremental backups are conducted without user intervention.[12][13][20] Data is encrypted[21] and password-protected. There is also an option for a more secure private key.[12][15] Corporate users that have CrashPlan PROe back up to private servers instead of Code42's data center in four out of five cases.[6] The software has an option to create a private on-site backup server.[22]

Reception[edit]

A product review on MacWorld gave CrashPlan a rating of 4.5 out of 5,[23] and Gartner gave the enterprise version, CrashPlan PROe, an "excellent" rating.[24] In benchmark tests by Computerworld, CrashPlan was the best performer in an incremental backup of 25 MB, but the worst performer in archiving an entire system drive, which took almost five days.[13] A Wall Street Journal columnist also noted lengthy initial backups, followed by better-performing incremental ones.[12]

Techworld praised CrashPlan for its operating system support and configuration options.[12] Ars Technica said CrashPlan had better features and pricing options than competitors.[22] It also receives high marks in reviews for its user interface.[12][13][15][22][25] The free consumer version cannot backup to mapped drives in Windows, a feature offered by competitors;[14][15][25] however, there is a workaround.[26]

See also[edit]

References[edit]

  1. ^ a b c d Coss, Kevin (April 15, 2011). "Code 42 breaks into the B-to-B market". BizJournals. Retrieved October 1, 2012. 
  2. ^ a b c Nelson, Todd (May 16, 2011). "Founder of data storage backup firm has a plan: Grow but stay put". Star Tribune. pp. 1D. 
  3. ^ a b c Takahashi, Dean (January 17, 2012). "Code 42 Software raises $52.5M to raise profile for online backup". VentureBeat. Retrieved September 30, 2012. 
  4. ^ a b c Kovar, Joseph (January 18, 2012). "CrashPlan Cloud Storage Vendor Code 42 Grabs $52.5 Million In VC Funding". CRN. Retrieved October 1, 2012. 
  5. ^ a b c Stratton, Jeremy (August 27, 2011). "The Lessons of Code42: Software innovator Matthew Dornquast's tech-biz wisdom". The Minneapolis Post. Retrieved October 1, 2012. 
  6. ^ a b c Higginbotham, Stacey (January 17, 2012). "Meet Code 42, Accel’s first Big Data Fund Investment". GigaOm. Retrieved October 1, 2012. 
  7. ^ Stych, Ed (June 1, 2011). "Code 42 buys mobile app firm that works with Best Buy". Minneapolis Business Journal. Retrieved October 1, 2012. 
  8. ^ a b McBride, Sarah; Gary Hill (January 18, 2012). "Carbonite rival Code 42 raises $52.5 million". Reuters. Retrieved October 1, 2012. 
  9. ^ Grayson, Katharine (April 6, 2012). "VC investment climbs higher". Minneapolis Business Journal. Retrieved October 18, 2012. 
  10. ^ Grant, Rebecca (September 20, 2012). "Origami Logic in process of folding up $8M in funding". VentureBeat. Retrieved October 1, 2012. 
  11. ^ "Code 42 Software". Inc. Magazine. 2011. Retrieved October 18, 2012. 
  12. ^ a b c d e f Boehret, Katie (February 14, 2012). "For Backup, You've Got a Friend, Family or Cloud". All Things D. Retrieved October 19, 2012. 
  13. ^ a b c d Nadel, Brian (February 8, 2012). "CrashPlan review". Computerworld. Retrieved October 19, 2012. 
  14. ^ a b Schneider, Ivan (June 19, 2010). "Online Storage Buyer's Guide". InformationWeek. Retrieved October 19, 2012. 
  15. ^ a b c d Fleishman, Glenn (September 7, 2009). "Online backup services". Macworld. Retrieved October 19, 2012. 
  16. ^ Lawson, Corrina (March 31, 2012). "CrashPlan Saves Your Files in Multiple Places". WIRED. Retrieved October 19, 2012. 
  17. ^ Scheier, Robert (March 12, 2012). "Mobile apps: The IT pro's new power tools". InfoWorld. 
  18. ^ Get your files on-the-go, Code 42 Software 
  19. ^ Mahoney, Kevin (October 3, 2013). "Fast-Growing MN IT Co. will compete with Dropbox". Twin Cities Business. Retrieved October 4, 2013. 
  20. ^ Needleman, Rafe (January 24, 2007). "Back up your mom with Crashplan". CNET. Retrieved October 19, 2012. 
  21. ^ Needleman, Rafe (April 3, 2009). "How Safe Is Your Data In "The Cloud"?". CNET. Retrieved October 26, 2012. 
  22. ^ a b c Cunningham, Andrew (May 18, 2012). "Hands-on with CrashPlan: cloud backup for all". ArsTechnica. Retrieved October 19, 2012. 
  23. ^ Yamshon, Leah (May 16, 2012). "CrashPlan+: Reliable cloud backup and online storage". Macworld. Retrieved October 19, 2012. 
  24. ^ Rinnen, Pushan; Russell, Dave; Dayley, Alan (October 9, 2012). "Critical Capabilities for Enterprise Endpoint Backup". Gartner. Retrieved October 25, 2012. 
  25. ^ a b Muchmore, Michael (January 20, 2011). "CrashPlan 3.0". PC Magazine. Retrieved October 19, 2012. 
  26. ^ "Back Up a Windows Mapped Drive". CrashPlan Support. Retrieved October 24, 2012. 

External links[edit]