Total amount raised
$137.5 Million
Latest funding date
2018-06-29
Location
Code42 has successfully raised significant funding over multiple rounds, positioning itself as a key player in the data protection industry. The company's flagship product, Incydr, focuses on preventing data loss from insider threats, offering comprehensive coverage and native response controls.
Keep reading to explore the intricacies of Code42's fundraising journey and the investors backing this innovative platform.
What Is Code42?
Code42 operates in the cybersecurity industry, specializing in data protection and insider threat management. The company is known for its innovative solutions that help organizations safeguard their critical data from exposure, loss, and theft.
While specific details about the company's founding year, location, and founders are not available, Code42's focus on comprehensive data protection and efficient incident response has positioned it as a key player in the industry.
How Much Funding Has Code42 Raised?
- Series A
- Amount Raised: USD 52,500,000
- Date: January 2012
- Lead Investors: Accel
- Series B
- Amount Raised: USD 85,000,000
- Date: October 2015
- Lead Investors: JMI Equity, New Enterprise Associates
- Secondary Market
- Date: May 2016
- Private Equity
- Date: June 2018
- Lead Investors: Second Alpha Partners
Code42 has raised a total of USD 137,500,000 in funding.
Key Investors
- Accel
- Details: Accel is a global venture capital firm that partners with exceptional founders with unique insights, from inception through all phases of growth. They have a long history of backing companies that have gone on to become market leaders.
- Investment Focus Areas: Technology, Internet, Software
- Notable Investments: Facebook, Dropbox, Slack
- JMI Equity
- Details: JMI Equity is a growth equity firm focused on investing in leading software companies. They provide capital and strategic support to help companies scale and achieve their growth objectives.
- Investment Focus Areas: Software, Internet, Business Services
- Notable Investments: ServiceNow, PointClickCare, Seismic
- New Enterprise Associates
- Details: New Enterprise Associates (NEA) is one of the world's largest and most active venture capital firms. They invest in technology and healthcare companies at all stages of growth.
- Investment Focus Areas: Technology, Healthcare, Consumer
- Notable Investments: Robinhood, Coursera, Cloudflare
- Second Alpha Partners
- Details: Second Alpha Partners is a private equity firm that specializes in secondary direct investments in growth-stage technology companies. They focus on providing liquidity to early investors and shareholders.
- Investment Focus Areas: Technology, Software, Internet
- Notable Investments: Not publicly disclosed
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