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Judging panel comprised of influential venture capital firms recognizes Code42 as a “career-launching” tech company with growth trajectory exceeding 50 percent over the next three years
MINNEAPOLIS, MN – Oct. 27, 2014 — /BackupReview.info/ – Code42, the leader in endpoint data protection and management for business and enterprise, today announced it has been named to Wealthfront’s annual list of “106 Mid-Size Companies With Momentum.” According to Wealthfront, these technology companies are “highly likely to succeed” and represent “ideal places for young people to start their careers.”
Code42 was one of 33 companies added to the list in 2014. To qualify, a technology company must be privately held, have revenues between $20 million and $300 million, and be on a trajectory to grow at a rate in excess of 50 percent over at least the next three years. To compile the list, Wealthfront interviewed partners at 11 different venture capital firms: Accel Partners, Andreessen Horowitz, Benchmark Capital, DAG Ventures, Greylock Partners, Index Ventures, Kleiner Perkins Caufield & Byers, Matrix Partners, Redpoint Ventures, Sequoia Capital and The Social+Capital Partnership.
“We solve a critical problem faced by today’s enterprises: how to protect and manage all of the files living on devices outside the controlled environment of the data center,” said Matthew Dornquast, co-founder and chief executive officer at Code42. “Code42’s momentum and growth is due largely to the unique, efficient way we do this for our customers, combined with the incredibly talented, driven team we have in place. We are pleased to be named a ‘career-launching company’ and recognized for all of our hard work.”
This recognition marks the latest in a series of 2014 honors recognizing Code42 for its growth and market leadership. The company was named one of “America’s Most Promising Companies” by Forbes, and was included in the “Inc. 5000 List of Fastest Growing Companies” for the fourth consecutive year. For more information on the company’s recent honors, visit its awards page.
Read the full Wealthfront list at http://bit.ly/1uxNCqV
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For more information on the company and its solutions, visit www.code42.com
Source: Code 42 Software
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