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Accel Partners’ Kirk Bowman Joins Code 42 Software’s Board of Directors

Enterprise data storage and infrastructure veteran to provide strategic insight into expanding sales channels

(Minneapolis – Apr. 18, 2012) – Code 42 Software Inc., developers of award-winning onsite, offsite and online backup solutions for consumers, businesses and the enterprise, today announced that Kirk Bowman of Accel Partners has joined its board of directors. Mr. Bowman will provide strategic insight and guidance to Code 42 Software as the company continues accelerating product development and increasing global market share. His appointment follows Code 42’s $52.5 million first round of funding in January 2012. The investment was by led by Accel Partners with participation from Split Rock Partners. It was the first major investment from Accel Partners’ Big Data Fund, dedicated to funding category-defining infrastructure and application companies specializing in “Big Data.”

"Kirk is a tremendously valuable addition to Code 42’s board of directors,” said Matthew Dornquast, co-founder and CEO, Code 42 Software. “Kirk’s expertise in helping to build market-leading companies will help us advance our offerings and continue growing the company – both of which are key to meeting the accelerating demand we’re experiencing.”

With more than 20 years of corporate and entrepreneurial leadership experience, Bowman joined Accel in 2011. Prior to that, he was the sales executive at data storage system company Equallogic, which was acquired by Dell Inc. in 2008 for $1.4 billion. Before joining Equallogic, he held sales executive and general management positions at several category defining companies: VMware, Inktomi, Model N, Object Design, and Parametric Technology Corporation.

“I am excited to be a part of Code 42 Software. Matthew and the Code 42 team have built a great company and a great product that delivers real value to a large and enthusiastic customer base,” said Bowman. “The company is growing rapidly and I look forward to helping them build on the significant and growing number of enterprise customers already using CrashPlan well into the future.”

Bowman currently serves on the board of various private companies, including Atlassian (software-development solutions), Nimble Storage, Coverity (software integrity), Datameer (Hadoop solutions), Delphix (database virtualization) and PanoLogic (desktop virtualization).

In 2007, Code 42 Software launched CrashPlan, an easy-to-use, multi-destination backup technology that reinvented data protection for consumers. Just five years later, Code 42 now manages and protects over 100 petabytes of data globally, across three products: CrashPlan for the home; CrashPlan PRO, an online backup solution for SMB; and CrashPlan PROe, a private and public cloud solution for the enterprise. All products offer multi-destination, cross-platform, and continuous protection onsite, offsite and online.