Code42
Minneapolis, US · Founded 2011 · Delaware corporation · 6 known investors
Code42 (now part of Mimecast) offers Incydr, a data loss prevention and insider risk management tool that detects and blocks data exfiltration across work channels, including uploads to unsanctioned generative AI tools. It serves security teams and CISOs at organizations seeking visibility and control over sensitive data movement.
Founders & leadership
Code42 was founded in 2011 by Matthew Dornquast and Mitch Coopet.
MD
Matthew DornquastCo-founder
MC
Mitch CoopetinFounder
EF
Elizabeth FortierExecutive
JP
Joe PayneinExecutive
Board
HG
MG
MS
Michael StankeyBoard director
Investors · 6
Reported raises · per SEC filings
Form D private placements$138.1M disclosed across 2 rounds · 2012–2015
▶$85.6MraisedOct 2015 · 7 investors · ComputersRule 506(b)
▶$85.6MraisedOct 2015 · 7 investors · Computers
Rule 506(b)Officers, directors & promoters on the filing
- Harry GrunerDirector
- Elizabeth FortierExecutive Officer
- Matthew DornquastDirector
- Joseph PayneExecutive Officer, Director
- Ping LiDirector
- Michael GormanDirector
- Michael StankeyDirector
- Offering amount
- $85.6M
- Amount sold
- $85.6M
- First sale
- Oct 2015
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
▶$52.5MraisedOct 2015 · 4 investors · ComputersRule 506(b)
▶$52.5MraisedOct 2015 · 4 investors · Computers
Rule 506(b)Officers, directors & promoters on the filing
- Susan DubExecutive Officer
- Matthew DornquastExecutive Officer, Director
- Mitchell CoopetExecutive Officer, Director
- Brian BispalaExecutive Officer, Director
- Offering amount
- $52.5M
- Amount sold
- $52.5M
- First sale
- Jan 2012
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 9
by search overlap
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Palo Alto Networks18 shared keywordsPalo Alto Networks provides cybersecurity platforms and services to protect organizations' digital infrastructure across cloud, network, and security operations. The company serves enterprise organizations, governments, financial institutions, utilities, and healthcare providers globally.
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ProjectDiscovery14 shared keywordsMimecast provides email security, data loss prevention, cloud archiving, and human risk management products used by organizations to protect communications and data. Its cybersecurity portfolio serves enterprise and channel-partner customers across regions including EMEA and APAC.
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Metomic14 shared keywordsMetomic provides automated security software that protects data across SaaS and AI tools for companies seeking to safely unlock AI capabilities.
Nightfall14 shared keywordsNightfall is an AI-native data loss prevention (DLP) platform that monitors and controls how sensitive data such as credentials, PHI, PCI, and PII moves across SaaS apps, endpoints, email, browsers, and AI tools. It uses AI-based classifiers and data lineage tracking to detect and block data exfiltration and insider risks, including leaks to generative AI apps like ChatGPT, for security teams at organizations of scale.
Corporatefinanceinstitute13 shared keywordsCorporate Finance Institute offers an online specialization program teaching finance professionals how to integrate environmental, social, and governance (ESG) factors into financial analysis, valuation, and investment decision-making. The program covers ESG frameworks, sustainability integration, greenhouse gas accounting, and climate risk management across eight core courses.
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In the news
Code42 Snares $85M Round Btechcrunch.com · Oct 2015Frequently asked questions
- What does Code42 do?
- Code42 (now part of Mimecast) offers Incydr, a data loss prevention and insider risk management tool that detects and blocks data exfiltration across work channels, including uploads to unsanctioned generative AI tools. It serves security teams and CISOs at organizations seeking visibility and control over sensitive data movement.
- Who founded Code42?
- Code42 was founded by Matthew Dornquast, Mitch Coopet in 2011.
- Who are Code42's investors?
- Code42's investors include Accel, JMI Equity, New Enterprise Associates (NEA), NewView Capital, Second Alpha Partners, Split Rock Partners.
- How much funding has Code42 raised?
- Code42 has disclosed $138.1M raised across 2 rounds.
- Where is Code42 headquartered?
- Code42 is headquartered in Minneapolis, US.