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In 2012, Code42 raised $52.5 million in funding.<ref name="reuters">{{cite news|first=Sarah|last=McBride|author2=Gary Hill|work=Reuters|url=http://ca.reuters.com/article/technologyNews/idCATRE80H09T20120118|title=Carbonite rival Code 42 raises $52.5 million|date=January 18, 2012|access-date=October 1, 2012|archive-date=October 4, 2013|archive-url=https://web.archive.org/web/20131004214122/http://ca.reuters.com/article/technologyNews/idCATRE80H09T20120118|url-status=live}}</ref><ref name="venturebeatjan2012" /><ref name="mbj2012">{{cite news| first=Katharine| last=Grayson| newspaper=Minneapolis Business Journal| title=VC investment climbs higher| url=http://www.bizjournals.com/twincities/print-edition/2012/04/06/vc-investment-climbs-higher-in-q1-2012.html| date=April 6, 2012| access-date=October 18, 2012| archive-date=November 6, 2013| archive-url=https://web.archive.org/web/20131106055626/http://www.bizjournals.com/twincities/print-edition/2012/04/06/vc-investment-climbs-higher-in-q1-2012.html| url-status=live}}</ref> The funding was the first<ref name="gigaom" /> distribution from a $100 million pool established in 2011 by [[Accel Partners]] to fund Big Data companies.<ref name="venturebeatsept2012">{{cite news|first=Rebecca|last=Grant|work=VentureBeat|title=Origami Logic in process of folding up $8M in funding|date=September 20, 2012|url=https://venturebeat.com/2012/09/20/origami-logic-in-process-of-folding-up-8m-in-funding/|access-date=October 1, 2012|archive-date=September 25, 2012|archive-url=https://web.archive.org/web/20120925031336/http://venturebeat.com/2012/09/20/origami-logic-in-process-of-folding-up-8m-in-funding/|url-status=live}}</ref>
In 2012, Code42 raised $52.5 million in funding.<ref name="reuters">{{cite news|first=Sarah|last=McBride|author2=Gary Hill|work=Reuters|url=http://ca.reuters.com/article/technologyNews/idCATRE80H09T20120118|title=Carbonite rival Code 42 raises $52.5 million|date=January 18, 2012|access-date=October 1, 2012|archive-date=October 4, 2013|archive-url=https://web.archive.org/web/20131004214122/http://ca.reuters.com/article/technologyNews/idCATRE80H09T20120118|url-status=live}}</ref><ref name="venturebeatjan2012" /><ref name="mbj2012">{{cite news| first=Katharine| last=Grayson| newspaper=Minneapolis Business Journal| title=VC investment climbs higher| url=http://www.bizjournals.com/twincities/print-edition/2012/04/06/vc-investment-climbs-higher-in-q1-2012.html| date=April 6, 2012| access-date=October 18, 2012| archive-date=November 6, 2013| archive-url=https://web.archive.org/web/20131106055626/http://www.bizjournals.com/twincities/print-edition/2012/04/06/vc-investment-climbs-higher-in-q1-2012.html| url-status=live}}</ref> The funding was the first<ref name="gigaom" /> distribution from a $100 million pool established in 2011 by [[Accel Partners]] to fund Big Data companies.<ref name="venturebeatsept2012">{{cite news|first=Rebecca|last=Grant|work=VentureBeat|title=Origami Logic in process of folding up $8M in funding|date=September 20, 2012|url=https://venturebeat.com/2012/09/20/origami-logic-in-process-of-folding-up-8m-in-funding/|access-date=October 1, 2012|archive-date=September 25, 2012|archive-url=https://web.archive.org/web/20120925031336/http://venturebeat.com/2012/09/20/origami-logic-in-process-of-folding-up-8m-in-funding/|url-status=live}}</ref>

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In 2013, Code42 developed, released and marketed a file sharing service called SharePlan.<ref>{{cite news|newspaper=eWeek|url=http://www.eweek.com/small-business/code42-introduces-private-cloud-file-sharing.html|access-date=February 25, 2015|first=Nathan|last=Eddy|title=Code42 Introduces Private-Cloud File Sharing}}</ref><ref name="tribune">{{cite news|first=Kevin|last=Mahoney|date=October 3, 2013|url=http://tcbmag.com/News/Recent-News/2013/October/Fast-Growing-MN-IT-Co-Will-Compete-With-Dropbox|newspaper=Twin Cities Business|access-date=October 4, 2013|title=Fast-Growing MN IT Co. will compete with Dropbox|archive-date=October 4, 2013|archive-url=https://web.archive.org/web/20131004220050/http://tcbmag.com/News/Recent-News/2013/October/Fast-Growing-MN-IT-Co-Will-Compete-With-Dropbox|url-status=live}}</ref> According to the ''Star Tribune'', it competed with [[Dropbox (service)|DropBox]], but SharePlan used a PIN to access files and track users.<ref name="tribune"/><ref>{{cite news|title=Code42 expects sales growth with file-sharing product|first=Evan|last=Ramstad|newspaper=Star Tribune|date=October 7, 2014|access-date=February 25, 2015|url=http://www.startribune.com/business/278323171.html|archive-date=February 13, 2015|archive-url=https://web.archive.org/web/20150213040354/http://www.startribune.com/business/278323171.html|url-status=live}}</ref>

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In October 2014, a revision of the software added features for regulatory compliance like [[Sarbanes-Oxley Act|Sarbanes-Oxley]] and options for a private, public or hybrid cloud deployment.<ref>{{cite news|title=Code42 announces new version of SharePlan with flexible cloud options|date=October 7, 2014|first=Lisa|last=McGreevy|publisher=FierceContentManagement|url=http://www.fiercecontentmanagement.com/story/code42-announces-new-version-shareplan-flexible-cloud-options/2014-10-07|access-date=February 28, 2015|archive-date=April 2, 2015|archive-url=https://web.archive.org/web/20150402151417/http://www.fiercecontentmanagement.com/story/code42-announces-new-version-shareplan-flexible-cloud-options/2014-10-07|url-status=live}}</ref> It had a single login with Crashplan using a feature called the "Code42 EDGE Platform", which was improved in December 2014 with two-factor authentication features.<ref>{{cite news|title=Code42 Adds Security Features to Edge Platform|first=Nathan|last=Eddy|date=December 9, 2014|url=http://www.eweek.com/small-business/code42-adds-security-features-to-edge-platform.html#sthash.CedHcCrz.dpuf|newspaper=eWeek|access-date=February 28, 2015}}</ref> Shareplan was discontinued in August 2015.<ref name="Grayson 2015">{{cite web | last=Grayson | first=Katharine | title=Code42 to stop selling once-touted SharePlan file-sharing product | website=Minneapolis / St. Paul Business Journal | date=August 6, 2015 | url=http://www.bizjournals.com/twincities/blog/in_private/2015/08/code42-kills-shareplan-file-sharing-syncing.html | access-date=August 7, 2015 | archive-date=August 8, 2015 | archive-url=https://web.archive.org/web/20150808234224/http://www.bizjournals.com/twincities/blog/in_private/2015/08/code42-kills-shareplan-file-sharing-syncing.html | url-status=live }}</ref>


In mid 2015, former Eloqua CEO Joe Payne succeeded co-founder Matthew Dornquast as CEO.<ref name="Ramstad 2015"/><ref name="World 2015"/> The company raised an additional $85 million in funding in October 2015.<ref name="Ramstad funding">{{cite news | last=Ramstad | first=Evan | title=Software maker Code42 raises $85 million from investors | work=Star Tribune | date=October 6, 2015 | url=http://www.startribune.com/software-maker-code42-raises-85-million-from-investors/330855981/ | access-date=October 13, 2015 | archive-date=November 27, 2020 | archive-url=https://web.archive.org/web/20201127180530/https://www.startribune.com/software-maker-code42-raises-85-million-from-investors/330855981/ | url-status=live }}</ref><ref name="Miller 2015">{{cite web | last=Miller | first=Ron | title=Code42 Snares Huge $85M Series B Investment | website=TechCrunch | date=October 6, 2015 | url=https://techcrunch.com/2015/10/06/code42-snares-huge-85m-series-b-investment/ | access-date=October 13, 2015 | archive-date=November 8, 2020 | archive-url=https://web.archive.org/web/20201108091130/http://techcrunch.com/2015/10/06/code42-snares-huge-85m-series-b-investment/ | url-status=live }}</ref>
In mid 2015, former Eloqua CEO Joe Payne succeeded co-founder Matthew Dornquast as CEO.<ref name="Ramstad 2015"/><ref name="World 2015"/> The company raised an additional $85 million in funding in October 2015.<ref name="Ramstad funding">{{cite news | last=Ramstad | first=Evan | title=Software maker Code42 raises $85 million from investors | work=Star Tribune | date=October 6, 2015 | url=http://www.startribune.com/software-maker-code42-raises-85-million-from-investors/330855981/ | access-date=October 13, 2015 | archive-date=November 27, 2020 | archive-url=https://web.archive.org/web/20201127180530/https://www.startribune.com/software-maker-code42-raises-85-million-from-investors/330855981/ | url-status=live }}</ref><ref name="Miller 2015">{{cite web | last=Miller | first=Ron | title=Code42 Snares Huge $85M Series B Investment | website=TechCrunch | date=October 6, 2015 | url=https://techcrunch.com/2015/10/06/code42-snares-huge-85m-series-b-investment/ | access-date=October 13, 2015 | archive-date=November 8, 2020 | archive-url=https://web.archive.org/web/20201108091130/http://techcrunch.com/2015/10/06/code42-snares-huge-85m-series-b-investment/ | url-status=live }}</ref>


On August 22, 2017, Code42 announced they were shutting down CrashPlan for Home, effective in October 2018. They were not accepting new subscriptions but would maintain existing subscriptions until the end of their existing subscription period, at which point the backups would be purged. The Home plans had been replaced by CrashPlan for Small Business, which are business-focused, although still possible to use for private purposes.<ref name="Clover">{{Cite news|url=https://www.macrumors.com/2017/08/22/crashplan-discontinuing-home-subscriptions/|last=Clover|first=Juli|title=Popular Backup Solution CrashPlan Discontinuing Personal Subscriptions|access-date=2018-06-08|language=en|archive-date=2020-11-29|archive-url=https://web.archive.org/web/20201129222603/https://www.macrumors.com/2017/08/22/crashplan-discontinuing-home-subscriptions/|url-status=live}}</ref> Backups to friends/family are not supported in the new product, the company explained: "As we shift our business strategy to focus exclusively on enterprise and small business segments, you have two great options to continue getting the best backup solution.".<ref name="discontinuinghome"/>
On August 22, 2017, Code42 announced they were shutting down CrashPlan for Home, effective in October 2018. They were not accepting new subscriptions but would maintain existing subscriptions until the end of their existing subscription period, at which point the backups would be purged. The Home plans had been replaced by CrashPlan for Small Business, which are business-focused, although still possible to use for private purposes.<ref name="Clover">{{Cite news|url=https://www.macrumors.com/2017/08/22/crashplan-discontinuing-home-subscriptions/|last=Clover|first=Juli|title=Popular Backup Solution CrashPlan Discontinuing Personal Subscriptions|access-date=2018-06-08|language=en|archive-date=2020-11-29|archive-url=https://web.archive.org/web/20201129222603/https://www.macrumors.com/2017/08/22/crashplan-discontinuing-home-subscriptions/|url-status=live}}</ref> Backups to friends/family are not supported in the new product, the company explained: "As we shift our business strategy to focus exclusively on enterprise and small business segments, you have two great options to continue getting the best backup solution."<ref name="discontinuinghome">{{cite web| url=https://www.crashplan.com/en-us/consumer/nextsteps/|title=Important Changes to CrashPlan for Home Service|website=crashplan.com|publisher=Codefortytwo Software|access-date=2017-08-22|archive-url=https://web.archive.org/web/20170823001341/https://www.crashplan.com/en-us/consumer/nextsteps/|archive-date=2017-08-23}}</ref>


In September 2020, Code42 launched Incydr, a [[SaaS]] data protection tool for enterprises.<ref name="Barker">{{cite web |last1=Barker |first1=Ian |title=New tool helps protect enterprises from insider threats |url=https://betanews.com/2020/09/16/enterprise-insider-threat-tools/ |website=[[BetaNews]] |date=September 16, 2020 |access-date=January 7, 2021 |archive-date=December 2, 2020 |archive-url=https://web.archive.org/web/20201202163153/https://betanews.com/2020/09/16/enterprise-insider-threat-tools/ |url-status=live }}</ref> <ref name="Barker">{{cite web |last1=Barker |first1=Ian |title=New tool helps protect enterprises from insider threats |url=https://betanews.com/2020/09/16/enterprise-insider-threat-tools/ |website=[[BetaNews]] |date=September 16, 2020 |access-date=January 7, 2021 |archive-date=December 2, 2020 |archive-url=https://web.archive.org/web/20201202163153/https://betanews.com/2020/09/16/enterprise-insider-threat-tools/ |url-status=live }}</ref> Incydr allows security teams to effectively mitigate file exposure and exfiltration risks without disrupting legitimate work and collaboration.<ref name="Barker"/> Incydr guards [[intellectual property]], [[source code]] and [[trade secret]]s.<ref name="Barker"/> Incydr is Code42’s [[flagship|flagship product]].<ref name="Tsidulko">{{cite web |last1=Tsidulko |first1=Joseph |title=Code42 Goes All-In On Channel With Industry Veteran As New Channel Chief |url=https://www.crn.com/news/cloud/code42-goes-all-in-on-channel-with-industry-veteran-as-new-channel-chief |website=[[CRN (magazine)|CRN]] |date=November 11, 2020 |access-date=January 7, 2021 |archive-date=December 5, 2020 |archive-url=https://web.archive.org/web/20201205154707/https://www.crn.com/news/cloud/code42-goes-all-in-on-channel-with-industry-veteran-as-new-channel-chief |url-status=live }}</ref>
In September 2020, Code42 launched Incydr, a [[SaaS]] data protection tool for enterprises.<ref name="Barker">{{cite web |last1=Barker |first1=Ian |title=New tool helps protect enterprises from insider threats |url=https://betanews.com/2020/09/16/enterprise-insider-threat-tools/ |website=[[BetaNews]] |date=September 16, 2020 |access-date=January 7, 2021 |archive-date=December 2, 2020 |archive-url=https://web.archive.org/web/20201202163153/https://betanews.com/2020/09/16/enterprise-insider-threat-tools/ |url-status=live }}</ref> <ref name="Barker">{{cite web |last1=Barker |first1=Ian |title=New tool helps protect enterprises from insider threats |url=https://betanews.com/2020/09/16/enterprise-insider-threat-tools/ |website=[[BetaNews]] |date=September 16, 2020 |access-date=January 7, 2021 |archive-date=December 2, 2020 |archive-url=https://web.archive.org/web/20201202163153/https://betanews.com/2020/09/16/enterprise-insider-threat-tools/ |url-status=live }}</ref> Incydr allows security teams to effectively mitigate file exposure and exfiltration risks without disrupting legitimate work and collaboration.<ref name="Barker"/> Incydr guards [[intellectual property]], [[source code]] and [[trade secret]]s.<ref name="Barker"/> Incydr is Code42’s [[flagship|flagship product]].<ref name="Tsidulko">{{cite web |last1=Tsidulko |first1=Joseph |title=Code42 Goes All-In On Channel With Industry Veteran As New Channel Chief |url=https://www.crn.com/news/cloud/code42-goes-all-in-on-channel-with-industry-veteran-as-new-channel-chief |website=[[CRN (magazine)|CRN]] |date=November 11, 2020 |access-date=January 7, 2021 |archive-date=December 5, 2020 |archive-url=https://web.archive.org/web/20201205154707/https://www.crn.com/news/cloud/code42-goes-all-in-on-channel-with-industry-veteran-as-new-channel-chief |url-status=live }}</ref>
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==Products and services==
==Products and services==
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Code42 is the maker of Incydr, software that allows security teams to mitigate file exposure and exfiltration risks without disrupting collaboration.<ref name="Faulds"/> Incydr displays information about what data is relevant, including how, when and where that data is moving, and who is moving it.<ref name="Faulds"/> It monitors the movement of all files, whether the activity is within a company’s security protocols or not, and captures a copy of all exfiltrated files for security teams to reference.<ref name="Faulds"/> Even though Incydr monitors all file activity, it distinguishes between acceptable team collaboration and file sharing and events that represent risks to businesses.<ref name="Faulds"/>
Code42 is the maker of the Incydr [[Data loss prevention software|data loss detection and response product]].<ref name="Faulds"/> It allows security teams to mitigate file exposure and exfiltration risks without disrupting collaboration.<ref name="Faulds"/> Incydr comes in two plans: Basic and Advanced.<ref name="Faulds"/>

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Incydr displays information about what data is relevant, including how, when and where that data is moving, and who is moving it.<ref name="Faulds"/> It monitors the creation, deletion, modification and movement of all files, whether the activity is within a company’s security protocols or not.<ref name="Faulds"/> Even though Incydr monitors all file activity, it distinguishes between acceptable team collaboration and file sharing and events that represent risks to businesses.<ref name="Faulds"/>

Code42 also is the maker of [[cloud backup]] and [[recovery software]] CrashPlan for Small Business.<ref name="Faulds"/><ref>{{cite news|title=Fast-Growing MN IT Co. Will Compete With Dropbox|first=Kevin|last=Mahoney|url=http://tcbmag.com/News/Recent-News/2013/October/Fast-Growing-MN-IT-Co-Will-Compete-With-Dropbox|newspaper=Twin Cities Business|access-date=February 25, 2015|date=October 3, 2013|archive-date=January 17, 2015|archive-url=https://web.archive.org/web/20150117064312/http://tcbmag.com/News/Recent-News/2013/October/Fast-Growing-MN-IT-Co-Will-Compete-With-Dropbox|url-status=live}}</ref> CrashPlan backs up data to remote servers or hard drives.<ref name="allthingsd">{{cite news|first=Katie|last=Boehret|url=http://allthingsd.com/20120214/for-backup-youve-got-a-friend-family-or-cloud/|publisher=All Things D|title=For Backup, You've Got a Friend, Family or Cloud|date=February 14, 2012|access-date=October 19, 2012|archive-date=April 20, 2015|archive-url=https://web.archive.org/web/20150420080825/http://allthingsd.com/20120214/for-backup-youve-got-a-friend-family-or-cloud/|url-status=live}}</ref> It is available on [[macOS|Mac]], [[Microsoft Windows|Windows]] and [[Linux]].<ref name="techworld">{{cite news|first=Brian|last=Nadel|url=http://review.techworld.com/storage/3335598/crashplan-review/|newspaper=Computerworld|title=CrashPlan review|date=February 8, 2012|access-date=October 19, 2012|archive-url=https://web.archive.org/web/20120215075101/http://review.techworld.com/storage/3335598/crashplan-review/ |archive-date=February 15, 2012}}</ref><ref name="support.code42.com 2015">{{cite web | title=Solaris Platform Retirement | website=support.code42.com | date=August 13, 2015 | url=https://support.code42.com/Terms_And_Conditions/Platform_Support_Policy/Solaris_Platform_Retirement | access-date=August 15, 2015 | archive-date=July 20, 2015 | archive-url=https://web.archive.org/web/20150720113723/http://support.code42.com/Terms_And_Conditions/Platform_Support_Policy/Solaris_Platform_Retirement | url-status=live }}</ref> As of 2018, backup to other computers is no longer supported.<ref name="discontinuinghome">{{cite web| url=https://www.crashplan.com/en-us/consumer/nextsteps/|title=Important Changes to CrashPlan for Home Service|website=crashplan.com|publisher=Codefortytwo Software|access-date=2017-08-22|archive-url=https://web.archive.org/web/20170823001341/https://www.crashplan.com/en-us/consumer/nextsteps/|archive-date=2017-08-23}}</ref><ref>{{cite news|newspaper=InfoWorld|date=March 12, 2012|url=http://www.infoworld.com/d/mobile-technology/mobile-apps-the-it-pros-new-power-tools-188380|first=Robert|last=Scheier|title=Mobile apps: The IT pro's new power tools|access-date=February 26, 2015|archive-date=January 6, 2014|archive-url=https://web.archive.org/web/20140106040645/http://www.infoworld.com/d/mobile-technology/mobile-apps-the-it-pros-new-power-tools-188380|url-status=live}}</ref>

Initial backups may take several hours via [[LAN]] or days over the internet, depending on the amount of data and bandwidth available, but afterwards, continuous and incremental backups are conducted without user intervention.<ref name="techworld"/><ref name="allthingsd"/><ref name="cnet">{{cite news|first=Rafe|last=Needleman|url=http://news.cnet.com/8301-17939_109-9680560-2.html|publisher=CNET|title=Back up your mom with Crashplan|date=January 24, 2007|access-date=October 19, 2012|archive-date=October 24, 2012|archive-url=https://web.archive.org/web/20121024134713/http://news.cnet.com/8301-17939_109-9680560-2.html|url-status=live}}</ref>

Around 2012, there used to be a paid option for [[seed loading]], in which a [[Hard disk drive|hard drive]] was sent to the user, so a faster local backup could be performed to the drive and it could be shipped back to Code42 for initial backup.<ref name="macworldsept2012">{{cite news|first=Glenn|last=Fleishman|url=http://www.itworld.com/article/2767643/storage/online-backup-services.html|publisher=Macworld|title=Online backup services|date=September 7, 2009|access-date=October 19, 2012|archive-date=November 16, 2014|archive-url=https://web.archive.org/web/20141116223003/http://www.itworld.com/article/2767643/storage/online-backup-services.html|url-status=live}}</ref><ref name="wired">{{cite news|first=Corrina|last=Lawson|publisher=WIRED|url=https://www.wired.com/geekdad/2012/03/crashplan/|title=CrashPlan Saves Your Files in Multiple Places|date=March 31, 2012|access-date=October 19, 2012|archive-date=October 14, 2012|archive-url=https://web.archive.org/web/20121014094032/http://www.wired.com/geekdad/2012/03/crashplan|url-status=live}}</ref> However this Seeded Backup service was no longer offered in 2016; neither was the corresponding Restore-to-Door service, which would allow a hard drive containing extensive restore data from backups to be shipped back to the user faster than an over-the-Internet download.<ref name="CrashPlanProFAQsApril2016">{{cite web|title=CrashPlan PRO FAQs|url=https://support.code42.com/Administrator/Small_Business/CrashPlan_PRO_FAQs|website=Code 42 support|publisher=Code42 Software Inc.|access-date=12 November 2016|date=22 Apr 2016|quote=There is currently no Seeded Backup service available for CrashPlan PRO. Similarly, we are not offering the corresponding Restore-to-Door service at this time.|archive-date=22 November 2016|archive-url=https://web.archive.org/web/20161122125351/http://support.code42.com/Administrator/Small_Business/CrashPlan_PRO_FAQs|url-status=live}}</ref>

With CrashPlan, Data is encrypted,<ref name="cbsnews">{{Cite news|url=http://www.cbsnews.com/stories/2009/03/27/tech/real_technology/main4896328.shtml|title=How Safe Is Your Data In "The Cloud"?|date=April 3, 2009|access-date=October 26, 2012|first=Rafe|last=Needleman|publisher=CNET|archive-date=December 20, 2011|archive-url=https://web.archive.org/web/20111220024622/http://www.cbsnews.com/stories/2009/03/27/tech/real_technology/main4896328.shtml|url-status=live}}</ref> password-protected and stored in a proprietary format. There is also an option for a more secure private key.<ref name="allthingsd"/><ref name="macworldsept2012"/> Corporate users in 2012 that had CrashPlan PROe back up to private servers instead of Code42's data centers in four out of five cases.<ref name="gigaom"/> In 2012, the software had an option to create a private on-site backup server.<ref name="arstech">{{cite news|first=Andrew|last=Cunningham|publisher=ArsTechnica|url=https://arstechnica.com/information-technology/2012/05/crashplan-is-cloud-backup-for-literally-everyone/|title=Hands-on with CrashPlan: cloud backup for all|date=May 18, 2012|access-date=October 19, 2012|archive-date=October 24, 2012|archive-url=https://web.archive.org/web/20121024095408/http://arstechnica.com/information-technology/2012/05/crashplan-is-cloud-backup-for-literally-everyone/|url-status=live}}</ref>

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In 2013, Code42 developed, released and marketed a file sharing service called SharePlan.<ref>{{cite news|newspaper=eWeek|url=http://www.eweek.com/small-business/code42-introduces-private-cloud-file-sharing.html|access-date=February 25, 2015|first=Nathan|last=Eddy|title=Code42 Introduces Private-Cloud File Sharing}}</ref><ref name="tribune">{{cite news|first=Kevin|last=Mahoney|date=October 3, 2013|url=http://tcbmag.com/News/Recent-News/2013/October/Fast-Growing-MN-IT-Co-Will-Compete-With-Dropbox|newspaper=Twin Cities Business|access-date=October 4, 2013|title=Fast-Growing MN IT Co. will compete with Dropbox|archive-date=October 4, 2013|archive-url=https://web.archive.org/web/20131004220050/http://tcbmag.com/News/Recent-News/2013/October/Fast-Growing-MN-IT-Co-Will-Compete-With-Dropbox|url-status=live}}</ref> According to the ''Star Tribune'', it competed with [[Dropbox (service)|DropBox]], but SharePlan used a PIN to access files and track users.<ref name="tribune"/><ref>{{cite news|title=Code42 expects sales growth with file-sharing product|first=Evan|last=Ramstad|newspaper=Star Tribune|date=October 7, 2014|access-date=February 25, 2015|url=http://www.startribune.com/business/278323171.html|archive-date=February 13, 2015|archive-url=https://web.archive.org/web/20150213040354/http://www.startribune.com/business/278323171.html|url-status=live}}</ref>

⚫
In October 2014, a revision of the software added features for regulatory compliance like [[Sarbanes-Oxley Act|Sarbanes-Oxley]] and options for a private, public or hybrid cloud deployment.<ref>{{cite news|title=Code42 announces new version of SharePlan with flexible cloud options|date=October 7, 2014|first=Lisa|last=McGreevy|publisher=FierceContentManagement|url=http://www.fiercecontentmanagement.com/story/code42-announces-new-version-shareplan-flexible-cloud-options/2014-10-07|access-date=February 28, 2015|archive-date=April 2, 2015|archive-url=https://web.archive.org/web/20150402151417/http://www.fiercecontentmanagement.com/story/code42-announces-new-version-shareplan-flexible-cloud-options/2014-10-07|url-status=live}}</ref> It had a single login with Crashplan using a feature called the "Code42 EDGE Platform", which was improved in December 2014 with two-factor authentication features.<ref>{{cite news|title=Code42 Adds Security Features to Edge Platform|first=Nathan|last=Eddy|date=December 9, 2014|url=http://www.eweek.com/small-business/code42-adds-security-features-to-edge-platform.html#sthash.CedHcCrz.dpuf|newspaper=eWeek|access-date=February 28, 2015}}</ref> Shareplan was discontinued in August 2015.<ref name="Grayson 2015">{{cite web | last=Grayson | first=Katharine | title=Code42 to stop selling once-touted SharePlan file-sharing product | website=Minneapolis / St. Paul Business Journal | date=August 6, 2015 | url=http://www.bizjournals.com/twincities/blog/in_private/2015/08/code42-kills-shareplan-file-sharing-syncing.html | access-date=August 7, 2015 | archive-date=August 8, 2015 | archive-url=https://web.archive.org/web/20150808234224/http://www.bizjournals.com/twincities/blog/in_private/2015/08/code42-kills-shareplan-file-sharing-syncing.html | url-status=live }}</ref>

In a comparative review published in 2015 in ''The Wall Street Journal'', Geoffrey Fowler observed CrashPlan was his favorite out of the four services evaluated. He observed it lacked "fine print", whereas some of the other services charged additional fees for basic features or weren't really unlimited.<ref>{{cite news|url=https://www.wsj.com/articles/the-best-way-to-back-up-your-computer-1425404466?mod=djemptech_t|newspaper=The Wall Street Journal|access-date=March 4, 2015|first=Geoffrey|last=Fowler|date=March 3, 2015|title=The Best Way to Back Up Your Computer|archive-date=March 6, 2015|archive-url=https://web.archive.org/web/20150306010148/http://www.wsj.com/articles/the-best-way-to-back-up-your-computer-1425404466?mod=djemptech_t|url-status=live}}</ref> ''PC Magazine'' in 2017 gave CrashPlan 4.5 out of 5 stars and awarded it Editor's Choice. The review praised it for its user interface, local backup options, and security features, but said its mobile and explorer-based features were "limited."<ref>{{cite news|url=https://www.pcmag.com/article2/0,2817,2375988,00.asp?kc=PCRSS02129TX1K0000530|newspaper=PC Magazine|access-date=March 4, 2015|title=Crashplan|first=Michael|last=Muchmore|archive-date=October 30, 2021|archive-url=https://web.archive.org/web/20211030145459/https://www.pcmag.com/reviews/crashplan|url-status=live}}</ref>


Code42 also develops Instructor, a microlearning security tool which is available as a standalone product, or integrated with Incydr.<ref name="helpnet"/> It allows security teams to improve insider risk awareness by offering short training videos that can be sent to employees engaging in risky behaviors that may leave valuable company IP vulnerable.<ref name="helpnet"/> Video distribution can be targeted proactively to a general audience, situationally for specific users, or in response to risky behavior identified by employee activity.<ref name="helpnet"/>
A 2012 product review on ''[[MacWorld]]'' gave CrashPlan a rating of 4.5 out of 5,<ref name="macworldmay2012">{{cite news|first=Leah|url=http://www.macworld.com/article/1166708/crashplan_reliable_cloud_backup_and_online_storage.html|last=Yamshon|work=Macworld|title=CrashPlan+: Reliable cloud backup and online storage|date=May 16, 2012|access-date=October 19, 2012|archive-date=October 15, 2012|archive-url=https://web.archive.org/web/20121015004931/http://www.macworld.com/article/1166708/crashplan_reliable_cloud_backup_and_online_storage.html|url-status=live}}</ref> and [[Gartner]], in 2012, gave the enterprise version, CrashPlan PROe, an "excellent" rating.<ref name="gartner">{{cite web|title=Critical Capabilities for Enterprise Endpoint Backup|website=Gartner|url=http://www.gartner.com/DisplayDocument?id=2191815&ref=g_fromdoc|date=October 9, 2012|first1=Pushan|last1=Rinnen|first2=Dave|last2=Russell|first3=Alan|last3=Dayley|access-date=October 25, 2012|archive-date=October 5, 2013|archive-url=https://web.archive.org/web/20131005011205/http://www.gartner.com/DisplayDocument?id=2191815&ref=g_fromdoc|url-status=dead}}</ref> ''[[All Things Digital]]'' praised CrashPlan for its operating system support and configuration options.<ref name="allthingsd"/> Also in 2012, ''[[Ars Technica]]'' said CrashPlan had better features and pricing options than its competitors.<ref name="arstech"/>


==References==
==References==

Revision as of 23:16, 15 September 2023

Code42
Company typePrivate
IndustrySoftware
FoundedJune 27, 2001; 22 years ago (2001-06-27)[1]
Founders
  • Matthew Dornquast
  • Brian Bispala
  • Mitch Coopet
HeadquartersMinneapolis, Minnesota, U.S.
Key people
ProductsInsider risk management software
Websitewww.code42.com

Code42 is an American cybersecurity software company based in Minneapolis specializing in insider risk management.[7][8] It is the maker of the cloud-native data protection product Incydr and security microlearning product Instructor.[9][10] Code42’s Incydr is a SaaS data-loss protection product.[7][9] Incydr is designed to help enterprise security teams detect insider risks to data that could lead to data leak and data loss and insider threat breaches, and respond to them appropriately.[7][9] Code42’s Instructor is an integrated microlearning tool that allows security teams to send out security training videos to teach employees how to manage risk.[10]

History

Code42 was founded as an IT consulting company in 2001,[11][12] by Matthew Dornquast, Brian Bispala, and Mitch Coopet.[13] 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 the ultimate question of life, the universe and everything".[14]

Some of Code42's first projects included a redesign of Sun Country Airlines’ website in 2002,[11] a project for the retailer Target Corporation,[15] and the ticket booking engine for Midwest Airlines.[12] Income from the IT services business was used to fund product ideas for six years.[16]

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,[15] creating CrashPlan in 2007.[11]

In June 2011, Code42 acquired a Minneapolis-based mobile development company, Recursive Awesome LLC, to support its software on mobile devices.[17][15]

In 2012, Code42 raised $52.5 million in funding.[18][13][19] The funding was the first[16] distribution from a $100 million pool established in 2011 by Accel Partners to fund Big Data companies.[20]

In 2013, Code42 developed, released and marketed a file sharing service called SharePlan.[21][22] According to the Star Tribune, it competed with DropBox, but SharePlan used a PIN to access files and track users.[22][23]

In October 2014, a revision of the software added features for regulatory compliance like Sarbanes-Oxley and options for a private, public or hybrid cloud deployment.[24] It had a single login with Crashplan using a feature called the "Code42 EDGE Platform", which was improved in December 2014 with two-factor authentication features.[25] Shareplan was discontinued in August 2015.[26]

In mid 2015, former Eloqua CEO Joe Payne succeeded co-founder Matthew Dornquast as CEO.[2][3] The company raised an additional $85 million in funding in October 2015.[27][28]

On August 22, 2017, Code42 announced they were shutting down CrashPlan for Home, effective in October 2018. They were not accepting new subscriptions but would maintain existing subscriptions until the end of their existing subscription period, at which point the backups would be purged. The Home plans had been replaced by CrashPlan for Small Business, which are business-focused, although still possible to use for private purposes.[29] Backups to friends/family are not supported in the new product, the company explained: "As we shift our business strategy to focus exclusively on enterprise and small business segments, you have two great options to continue getting the best backup solution."[30]

In September 2020, Code42 launched Incydr, a SaaS data protection tool for enterprises.[31] [31] Incydr allows security teams to effectively mitigate file exposure and exfiltration risks without disrupting legitimate work and collaboration.[31] Incydr guards intellectual property, source code and trade secrets.[31] Incydr is Code42’s flagship product.[32]

Also in September 2020, Code42 leaders Joe Payne, Jadee Hanson, and Mark Wojtasiak, co-authored and published the book Inside Jobs: Why Insider Risk is the Biggest Cyber Threat You Can’t Ignore.[33] The book explores the problem of insider risk, what drives it, why they believe traditional methods of protecting company data are inadequate and what security leaders can do to keep their data secure.[33]

On September 14, 2021, Code42 launched Code42 Instructor, a microlearning solution that improves insider risk awareness by training companies to be security-oriented.[10] Instructor was later integrated with Incydr to allow company risk awareness teams to immediately send corrective lessons when risky employee behavior is detected.[10]

In August 2022, Code42 announced that it had sold the CrashPlan side of its business to New York-based private equity firm Mill Point Capital to focus exclusively on the cybersecurity market.[34]

Products and services

Code42 is the maker of Incydr, software that allows security teams to mitigate file exposure and exfiltration risks without disrupting collaboration.[9] Incydr displays information about what data is relevant, including how, when and where that data is moving, and who is moving it.[9] It monitors the movement of all files, whether the activity is within a company’s security protocols or not, and captures a copy of all exfiltrated files for security teams to reference.[9] Even though Incydr monitors all file activity, it distinguishes between acceptable team collaboration and file sharing and events that represent risks to businesses.[9]

Code42 also develops Instructor, a microlearning security tool which is available as a standalone product, or integrated with Incydr.[10] It allows security teams to improve insider risk awareness by offering short training videos that can be sent to employees engaging in risky behaviors that may leave valuable company IP vulnerable.[10] Video distribution can be targeted proactively to a general audience, situationally for specific users, or in response to risky behavior identified by employee activity.[10]

References

  1. ^ "Code42.com WHOIS, DNS, & Domain Info – DomainTools". WHOIS. Archived from the original on 2021-10-30. Retrieved 2016-10-02.
  2. ^ a b Ramstad, Evan (July 14, 2015). "Code42 taps software exec Payne as CEO". Star Tribune. Archived from the original on August 1, 2020. Retrieved July 27, 2015.
  3. ^ a b World, Network (July 15, 2015). "Code42 snags ex-Eloqua CEO Joe Payne". Network World. Archived from the original on June 12, 2018. Retrieved July 27, 2015.
  4. ^ Muskett, Lauren (18 February 2022). "CFOs On the Move: Week Ending February 18". cfo.com.
  5. ^ "6 charts to understand the coronavirus impact on IT". Archived from the original on 2020-12-26. Retrieved 2020-07-13.
  6. ^ "How to Securely Scale Insider Threat Management Without Putting Data at Risk: CTO View". Archived from the original on 2020-07-29. Retrieved 2020-07-13.
  7. ^ a b c Anthony, Neal St. (May 9, 2020). "Some Minnesota tech companies are still hiring, for now". Star Tribune. Archived from the original on November 29, 2020. Retrieved January 7, 2021.
  8. ^ "Insider risk: Employees are your biggest cyberthreat (and they may not even know it)". VentureBeat. 2022-08-02. Retrieved 2022-08-09.
  9. ^ a b c d e f g Faulds, John (October 16, 2020). "Incydr by Code42 data loss prevention". TechRadar. Archived from the original on January 27, 2021. Retrieved January 7, 2021.
  10. ^ a b c d e f g "Code42 Instructor gives security teams the ability to correct risky behaviors". Help Net Security. September 16, 2021. Retrieved August 24, 2023.
  11. ^ a b c Coss, Kevin (April 15, 2011). "Code 42 breaks into the B-to-B market". BizJournals. Archived from the original on March 31, 2017. Retrieved October 1, 2012.
  12. ^ a b Nelson, Todd (May 16, 2011). "Founder of data storage backup firm has a plan: Grow but stay put". Star Tribune. pp. 1D.
  13. ^ a b Takahashi, Dean (January 17, 2012). "Code 42 Software raises $52.5M to raise profile for online backup". VentureBeat. Archived from the original on September 27, 2012. Retrieved September 30, 2012.
  14. ^ Kovar, Joseph (January 18, 2012). "CrashPlan Cloud Storage Vendor Code 42 Grabs $52.5 Million In VC Funding". CRN. Archived from the original on August 1, 2020. Retrieved October 1, 2012.
  15. ^ a b c Stratton, Jeremy (August 27, 2011). "The Lessons of Code42: Software innovator Matthew Dornquast's tech-biz wisdom". The Minneapolis Post. Archived from the original on August 18, 2020. Retrieved October 1, 2012.
  16. ^ a b Higginbotham, Stacey (January 17, 2012). "Meet Code 42, Accel's first Big Data Fund Investment". GigaOm. Archived from the original on August 2, 2020. Retrieved October 1, 2012.
  17. ^ Stych, Ed (June 1, 2011). "Code 42 buys mobile app firm that works with Best Buy". Minneapolis Business Journal. Archived from the original on October 28, 2013. Retrieved October 1, 2012.
  18. ^ McBride, Sarah; Gary Hill (January 18, 2012). "Carbonite rival Code 42 raises $52.5 million". Reuters. Archived from the original on October 4, 2013. Retrieved October 1, 2012.
  19. ^ Grayson, Katharine (April 6, 2012). "VC investment climbs higher". Minneapolis Business Journal. Archived from the original on November 6, 2013. Retrieved October 18, 2012.
  20. ^ Grant, Rebecca (September 20, 2012). "Origami Logic in process of folding up $8M in funding". VentureBeat. Archived from the original on September 25, 2012. Retrieved October 1, 2012.
  21. ^ Eddy, Nathan. "Code42 Introduces Private-Cloud File Sharing". eWeek. Retrieved February 25, 2015.
  22. ^ a b Mahoney, Kevin (October 3, 2013). "Fast-Growing MN IT Co. will compete with Dropbox". Twin Cities Business. Archived from the original on October 4, 2013. Retrieved October 4, 2013.
  23. ^ Ramstad, Evan (October 7, 2014). "Code42 expects sales growth with file-sharing product". Star Tribune. Archived from the original on February 13, 2015. Retrieved February 25, 2015.
  24. ^ McGreevy, Lisa (October 7, 2014). "Code42 announces new version of SharePlan with flexible cloud options". FierceContentManagement. Archived from the original on April 2, 2015. Retrieved February 28, 2015.
  25. ^ Eddy, Nathan (December 9, 2014). "Code42 Adds Security Features to Edge Platform". eWeek. Retrieved February 28, 2015.
  26. ^ Grayson, Katharine (August 6, 2015). "Code42 to stop selling once-touted SharePlan file-sharing product". Minneapolis / St. Paul Business Journal. Archived from the original on August 8, 2015. Retrieved August 7, 2015.
  27. ^ Ramstad, Evan (October 6, 2015). "Software maker Code42 raises $85 million from investors". Star Tribune. Archived from the original on November 27, 2020. Retrieved October 13, 2015.
  28. ^ Miller, Ron (October 6, 2015). "Code42 Snares Huge $85M Series B Investment". TechCrunch. Archived from the original on November 8, 2020. Retrieved October 13, 2015.
  29. ^ Clover, Juli. "Popular Backup Solution CrashPlan Discontinuing Personal Subscriptions". Archived from the original on 2020-11-29. Retrieved 2018-06-08.
  30. ^ "Important Changes to CrashPlan for Home Service". crashplan.com. Codefortytwo Software. Archived from the original on 2017-08-23. Retrieved 2017-08-22.
  31. ^ a b c d Barker, Ian (September 16, 2020). "New tool helps protect enterprises from insider threats". BetaNews. Archived from the original on December 2, 2020. Retrieved January 7, 2021.
  32. ^ Tsidulko, Joseph (November 11, 2020). "Code42 Goes All-In On Channel With Industry Veteran As New Channel Chief". CRN. Archived from the original on December 5, 2020. Retrieved January 7, 2021.
  33. ^ a b Payne, Joe; Hanson, Jadee; Wojtasiak, Mark; Kurtz, George (2020). Inside Jobs. Simon and Schuster. p. 5. ISBN 9781510764491. Archived from the original on 2021-10-30. Retrieved 2021-01-07.
  34. ^ Anderson, Caitlin (August 4, 2022). "Data backup, recovery service CrashPlan separates from Code42, acquired by Mill Point Capital". The Business Journals. Retrieved August 24, 2023.

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=Code42&oldid=1175568894"