Latka logo

Code42 Alternatives & Competitors

The closest alternatives to Code42 are Druva. Code42 generates $60M in revenue with 220 employees. Every one of the 1 competitors below is compared with Code42 on revenue, funding, customers, team size and founding year.

Code42 at a glance

Revenue
$60M
Valuation
$720M
Funding
$137.5M
Customers
800
Team size
220
Founded
2001

Code42 vs its top alternatives

Code42 is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.

Code42 compared with its top alternatives on revenue, funding, customers and team size
CompanyCode42 logoCode42This companyDruva logoDruva
Revenue$60M$304.3M
Valuation$720MNot disclosed
Funding raised$137.5M$475M
Customers8006K
Team size2201.4K
Founded20012008
HQBethesda , United StatesUnited States

Code42 competitors ranked

Druva logo

1. Druva

United States · Security Compliance Software

Druva is a cloud-based data protection and management platform that enables businesses to backup, recover, and manage their data across endpoints, cloud applications, and data center workloads. The platform provides…

Druva revenue & fundingCode42 vs Druva

Revenue
$304.3M
Funding
$475M
Customers
6K
Team size
1.4K

Code42 vs the Security Compliance Software market

Code42 ranks #156 of 3,113 Security Compliance Software companies by annual revenue, putting it in the top 5% of the market.

Companies tracked
3,113
Median revenue
$3M
Median funding
$16.3M
Median team size
24

Code42 funding

Code42 funding rounds with amount raised and valuation
DateRoundAmountValuation
Oct 2015Series B$85MNot disclosed
Jan 2012Series A$52.5MNot disclosed

More about Code42

How Code42 Grew to $50 Million Revenue Focusing on Insider Threats

In the ever-evolving tech landscape, few companies have managed to pivot and thrive as effectively as Code42 . Under the leadership of CEO Joe Payne, Code42 has become a formidable player in the data security space, specifically focusing on insider threats. This blog post explores the strategic moves, growth tactics, and leadership insights that have propelled Code42 to a remarkable $50 million in annual recurring revenue (ARR). 2015: The Beginning of a New Era Joe Payne joined what was then known as Code42 in 2015. At the time, the company was primarily recognized for its endpoint backup product, CrashPlan. This product served a critical function by backing up data from individual devices to the cloud. However, Payne realized early on that the future of data storage and security was shifting towards cloud-first solutions. Recognizing the limitations of CrashPlan in the long-term, Payne and his team began exploring new avenues within the data security space. They identified a significant gap in the market: data loss prevention (DLP), which was ripe for disruption. Many organizations were dissatisfied with existing DLP solutions, which were often costly and ineffectual. 2017: Launch

Read the full article

Code42 competitors FAQ

Who are Code42's competitors?

The closest alternatives to Code42 are Druva, all active in Security Compliance Software. This page compares each of them with Code42 on revenue, funding, customers and team size.

What is the best alternative to Code42?

Druva is the closest alternative to Code42, generating $304.3M in revenue. Which alternative fits best depends on budget and company size, so compare all 1 competitors above before choosing.

How much revenue does Code42 generate?

Code42 generates $60M in revenue.

How much funding has Code42 raised?

Code42 has raised $137.5M in funding.

How many customers does Code42 have?

Code42 has 800 customers.

Is Code42 bigger than Druva?

No. Druva generates $304.3M in revenue versus $60M at Code42.