Initially, this was a natural progression of Code42’s core mission to protect data and ideas. In 2021, we followed Incydr with the launch of Code42 Instructor, a product offering rooted in education and training, rounding out Code42’s control and response capabilities. Late that year, we launched Incydr – today the fastest growing Insider Risk Management software on the market, which quickly became a critical tool in the fight against data leaks as the world shifted to remote work. It was clear that the data needs of modern businesses had shifted from building fences around what’s important and keeping data ‘inside’ to creating fluid environments that allow for fast collaboration and file sharing between colleagues, partners and customers.īuilding on the success of CrashPlan, in 2018 Code42 entered the cybersecurity market with an offering designed to detect, measure and contextualize Insider Risk – the risk created within organizations by its own employees. And so Code42’s mission grew – we became focused on securing the collaboration culture, not just the protection of data at rest.

Over the course of the last two decades, the security of data has become much more complex. At the time, that meant backing up data effectively and efficiently, which led to the development of CrashPlan. Twenty years ago, Code42 set out to solve one of the biggest challenges facing IT teams for businesses large and small – to keep their data safe. This news is just one more step on a path that has been charted for some time and I want to walk you through some of the key guideposts from that journey. This morning we announced the evolution of Code42 with a major organizational change – the spin out of our legacy back-up business CrashPlan, which will now be owned and operated by Mill Point Capital.

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