OneDrive Startups

Code 42 is an enterprise data loss prevention and insider threat detection platform that helps organizations prevent employees and contractors from exfiltrating sensitive data. The company achieved $50M ARR after spinning out from its parent company (which sold the legacy CrashPlan product for $250M to private equity), and now serves 800+ customers including major security firms like CrowdStrike, Okta, and Splunk with pricing around $80-120 per employee per year. Founded within another company in 2015 and launched in 2017, Code 42 targets mid-market enterprises (1,000-5,000 employees) through intent-based sales and has several customers paying over $1M annually.