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October 6, 2015 11:00 am GMT

Code42 Snares Huge $85M Series B Investment

concept image showing laptop and mobile devices swirling around the cloudCode42, the Minneapolis-based developersof the Crashplan enterprise backup tool, announced a massive $85 million round today. Code42 doesn’t do them small. It has had only one previous round for $52.5 million atthe beginning of 2012. The company could have gotten more if it wanted it, according to CEO Joe Payne. “This was the amountof money we needed for the next stage of… Read More

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