Mill Point’s experienced team of investors and Executive Partners seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements. Mill Point Capital LLC is an operationally-oriented private equity firm targeting control investments in lower-middle market companies, with a focus on industrials, business services and IT services sectors in North America. For more information or to start a free trial, please visit. 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. Today, the product protects data for more than 900 enterprise organizations and over 120,000 small-business customers across the globe. Since its release in 2007, CrashPlan has been the byword for secure, scalable, straightforward data backup. I’m thrilled to see what we can do together,” said Richard Summers, Partner of Mill Point Capital. Our highly secure, automatic and continuous service provides our customers the peace of mind that their digital life is protected and easily accessible. “We couldn’t be more excited to help CrashPlan, its customers, and the team grow as part of the Mill Point portfolio of companies. CrashPlan offers the most comprehensive online backup solution to hundreds of thousands of consumers and tens of thousands of businesses around the world. Moving with CrashPlan is the majority of the staff who were previously working to invent, build, deploy, support, innovate, and sell the product since its inception. The decision to operate CrashPlan as its own business allows the organization to execute on an aggressive strategy to focus on and expand its backup and recovery product suite and achieve CrashPlan’s goal of protecting the world’s data from destruction, theft, loss and ransom. “We see strong opportunities to build on our existing features and deliver value to our customers while helping everyone sleep a little better at night.” “CrashPlan is a remarkable product, which has a unique ability to protect individuals and organizations simultaneously,” said Mason Swenson, Vice President of Product at CrashPlan. The deal was signed July 27, 2022, and the operational transition for CrashPlan and staff supporting the new organization will take place over the coming months. 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. Site is running on IP address 67.222.252.51, host name ( United States) ping response time 4ms Excellent ping. The official announcement was made today in Minneapolis, Minnesota. is a File Sharing and Hosting website created by Code 42 Software Inc.This domain provided by at (16 Years, 231 Days ago), expired at (0 Years, 133 Days left). (Code42) and will join the portfolio of Mill Point Capital (Mill Point). MINNEAPOLIS-( BUSINESS WIRE)- CrashPlan, the industry-defining cloud backup and recovery solution, has separated from Code42 Software, Inc.
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