Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Code42 raises $85M to prevent company data from being held hostage
Code42, a security startup that recently raised $85 million in investor funding, is focused on preventing just such a scenario. The endpoint security company takes entire networks of enterprise devices and stores their data in an encrypted cloud. If a device is lost or stolen, all its data can be quickly downloaded to a new computer. Having a cloud-based backup of data also prevents hackers from being able to halt company business operations.
In total, the company has raised $137 million. Ninvestors, JMI Equity, New Enterprise Associates, Accel Partners, and Split Rock Partners contributed to this most recent round.
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Social Network YouNow raises $15M
YouNow, a social networks for that allows broadcasters to connect with viewers, announced that it closed a $15 million financing round led by Venrock and Oren Zeev.
The startup said that its connective features creates and “interactive entertainment experience in which one-to-many interaction feels like one-to-one.”
Comcast Ventures also participated in the investment. The New York-based company has raised at least $41 million to date.
More: YouNow
This list will be updated with breaking funding news all day. Check back for more.
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