

Code42

Code42 offers an alternative approach to DLP that helps organizations protect data more effectively and stop insider threats efficiently. Native to the cloud, Code42’s Incydr product rapidly detects data loss, leak, theft, and sabotage while speeding incident response – all without lengthy deployments, complex policy management, or blocking employee productivity. With Code42, security professionals can protect corporate data and reduce insider risk while fostering a collaborative culture for employees. Today, our team is focused on helping organizations stop IP theft, protect customer data, get better visibility into cloud and endpoints, protect source code, and stop departing employees from taking data when they depart. Our SaaS-based data protection solution surfaces and prioritizes file exposure and exfiltration events that represent real business threats and require investigation. Incydr offers a complete range of response controls, including automated microlearning modules for accidental non-malicious risk, case management for efficient investigations, and real-time blocking for the highest-risk use cases. It’s quick to set up, a light lift to maintain, and allows employees to collaborate securely. Incydr offers tangible cost benefits for customers, as found in a commissioned report by Forrester Research. Deploying in just two weeks, the solution pays for itself in 6 months, before most DLP tools are even off the ground. The average organization can expect to see a 172% return on investment, including savings from data loss that total over $680,000 as well as powerful team time savings – to the tune of 50% faster closing of incidents. Our insider threat solution has received recognition across the industry, including the CSO50, IT World Awards, Black Unicorn Awards, Cyber Defense Magazine Global InfoSec Awards, and Cybersecurity Excellence Awards. Inc. Magazine also recognized Code42 as one of America’s best workplaces in 2020, 2021, 2022, and 2023.
Founding Year
2001
Headquarters
Minneapolis
,
United States
Sector(s)
No items found.
Funding State
Pre-Seed
Seed
Series A
Series B+
Exited
Total Funding Amount
$137.50M
Funds that Investested
Accel
First partner to exceptional teams everywhere.
Pre-Seed
Seed
Series A
Series B+
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New Enterprise Associates (NEA)
Global venture capital firm investing in technology and healthcare
Pre-Seed
Seed
Series A
Series B+
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Investors that Investested
Ping Li
Partner, Accel
Ping joined Accel in 2004. Prior to Accel, Ping served as product line manager and director of corporate development at Juniper Networks. He started his technology career in Asia working for Singapore Telecom and Goldman Sachs Asia's technology practice.
Pre-Seed
Seed
Series A
Series B+
Round-focused Sheets
Geography-focused Sheets
Sector-focused Sheets