Code42 develops insider risk management and data loss prevention solutions. The company's flagship product, Incydr, is a SaaS-based platform designed to detect and respond to data exposure, loss, and theft without lengthy deployments or complex policy management. Code42 was founded in 2001 as an IT consulting company and evolved into a leader in endpoint data protection and insider threat visibility. The company was acquired by Mimecast in July 2024 to expand Mimecast's human risk management platform.
Code42 has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2001
Employees
500–1,000
Total Funding
$137.5M
3 rounds
Latest Valuation
$0.5B
July 24, 2024
Total raised $137.5M across 3 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series B
Date
October 2015
Amount
$85M
Valuation
$0.5B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| July 24, 2024 | Acquisition | Not disclosed | — | Mimecast |
| October 2015 | Series B | $85M | $0.5B | JMI Equity, New Enterprise Associates |
| January 6, 2012 | Series A | $52.5M | — | Accel, Split Rock Partners |
Matthew Dornquast
Co-Founder and Board Member
Joe Payne
CEO
Brian Bispala
Co-Founder
Mitch Coopet
Co-Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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Forcepoint
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Proofpoint
Human risk management including email security, data loss prevention, and insider threat protection.
Tenable
Vulnerability and risk management platform addressing exposure management and threat detection.
Netskope
Cloud security and data loss prevention platform protecting data across cloud and on-premises environments.
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