Minneapolis, Minnesota


Overall Rank: 587
Category: Cybersecurity
Category Rank: 60


  • Top Software Company of 2021


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More than 50,000 organizations worldwide, including some of the most recognized brands in business and education, rely on Code42 to safeguard their ideas. Founded in 2001, the company is headquartered in Minneapolis, Minnesota. The cybersecurity software company offers backup, disaster recovery, and data loss protection solutions. The provider’s data loss protection solution (Next-Gen DLP) detects insider threats, satisfies regulatory compliance requirements, automatically monitors file activity across computers and the cloud, and even facilitates incident response. Additionally, Code42’s security, IT, and compliance professionals protects endpoint and cloud data from loss, leak, and theft while maintaining a collaborative culture for employees.

CEO/President Joe Payne has been at the top of the company since 2015, steering the firm from one milestone, to the next. Payne is a veteran technologist and marketer, previously serving as CEO of Virginia based-Eloqua, a marketing software firm that he took public in 2012. As CEO of Code42, Payne has been instrumental in enhancing the management team, while also navigating the challenges of growth. Under his leadership Code42 raised $85 million in equity in 2015, in the biggest round of venture capital investment in a Minnesota company since 1999. More recently, Code42 was named one of the Top 175 Workplaces in Minnesota by the Star Tribune in June 2021. Among the top 60 midsize companies, Code42 was ranked #10 on the list.