Fundz

Crashplan Receives Investment From Mill Point Capital

PRIVATEAug 03, 2022

Round Type

Venture

MinneapolisInformation TechnologySoftwareinformation technology & services

Description

CrashPlan, the industry-defining cloud backup and recovery solution, has separated from Code42 Software, Inc. (Code42) and will join the portfolio of Mill Point Capital (Mill Point). The official announcement was made today in Minneapolis, Minnesota. The move to operate CrashPlan independently began earlier this year in the face of mounting market demand for data backup and recovery driven by the permanent shift to hybrid/remote work and continued proliferation of ransomware

Quick answer

CrashPlan raised an undisclosed amount in a funding round, dated August 3, 2022. CrashPlan is based in Minneapolis, Minnesota, United States.

How much did CrashPlan raise?
CrashPlan raised an undisclosed amount in a funding round on August 3, 2022.
What does CrashPlan do?
Since its release in 2007, CrashPlan has been the byword for secure, scalable, straightforward data backup.
Where is CrashPlan based and how big is it?
CrashPlan is based in Minneapolis, Minnesota, United States. Fundz records about 110 employees.

Source: Fundz verified event record.

Who else raised in information technology & services and Software around the same time

Companies in the same sectors as CrashPlan that raised within 45 days of this round, from Fundz verified event records.

  • SeatGeek raised $238M (Funding Round) on August 31, 2022.
  • UPTIMA raised an undisclosed amount on August 30, 2022.
  • Mural raised $5.6M (Funding Round) on August 23, 2022.
  • DriveNets raised $262M (Series C) on August 17, 2022.
  • Smith Micro Software raised $15M on August 11, 2022.
  • Instanda raised an undisclosed amount (Funding Round) on August 4, 2022.

Who to call at CrashPlan, and when

A new round usually means CrashPlan is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day CrashPlan raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at CrashPlan, from your own LinkedIn network

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Company Information

Company

CrashPlan

Location

400 S 4th St

Minneapolis, Minnesota, United States

About

Since its release in 2007, CrashPlan has been the byword for secure, scalable, straightforward data backup. Today, the product protects data for more than 900 enterprise organizations and over 120,000 small-business customers across the globe. CrashPlan customers rest easy with peace of mind that regardless of when, where or how they are interacting with important data, it is secured from whatever calamity may befall their device. For more information or to start a free trial, please visit crashplan.com.

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CrashPlan raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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