Tech Company Financing Transactions

Code42 Funding Round

Code42 closed a $85 million funding round on 10/7/2015. Investors included JMI Equity, New Enterprise Associates and Accel Partners.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity

JMI Equity (Lead Investor) (Harry Gruner)

New Enterprise Associates (Lead Investor)

Accel Partners

Split Rock Partners

Proceeds Purpose
This funding enables us to grow even faster in endpoint backup and accelerates our efforts to build analytics and actionable intelligence on top of the historical archive of end-user data."

Company Information

Company Status
Private & Independent
Mailing Address
100 Washington Ave S. 2000
Minneapolis, MI 55401
Email Address
Code42's highly secure cloud solutions enable IT and security teams to limit risk, meet data privacy regulations and recover from data loss, no matter the cause.
Code42 LinkedIn Company Profile
Social Media
Code42 Company Twitter Account
Company News
Code42 News
Code42 on Facebook
Code42 on YouTube

Management Team

Email & Social
Chief Executive Officer
Joe Payne
  Joe Payne LinkedIn Profile  Joe Payne Twitter Account  Joe Payne News  Joe Payne on Facebook
Vice President
Steve Buege
  Steve Buege LinkedIn Profile  Steve Buege Twitter Account  Steve Buege News  Steve Buege on Facebook
VP - General Counsel
David Huberman
  David Huberman LinkedIn Profile  David Huberman Twitter Account  David Huberman News  David Huberman on Facebook
VP - Human Resources
Leslie Pendergrast
  Leslie Pendergrast LinkedIn Profile  Leslie Pendergrast Twitter Account  Leslie Pendergrast News  Leslie Pendergrast on Facebook
VP - Product Management
Vijay Ramanathan
  Vijay Ramanathan LinkedIn Profile  Vijay Ramanathan Twitter Account  Vijay Ramanathan News  Vijay Ramanathan on Facebook
VP - Sales
Michael Robbins
  Michael Robbins LinkedIn Profile  Michael Robbins Twitter Account  Michael Robbins News  Michael Robbins on Facebook



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We do our best to document all VC transactions involving tech companies. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from, an affiliated venture.


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