CodeGuard Inc.

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CodeGuard Inc. - overview

Established

2010

Location

Atlanta, GA, US

Primary Industry

Internet

About

CodeGuard Inc. is a provider of automated website backup solutions, enhancing security and maintenance for businesses, particularly web designers, developers, and agencies. Founded in 2010, CodeGuard Inc. is based in Atlanta, US, specializing in automated website backup services.


The company has completed 4 deals, with its most recent funding round being a Seed raise in August 2018, securing USD 1. 30 mn from Imlay Investments. In August 2018, CodeGuard was acquired by Comodo CA Limited, a portfolio company of Francisco Partners, although specific financial terms were not disclosed. CodeGuard specializes in providing automated website backup solutions designed to enhance website security and maintenance for businesses, particularly targeting web designers, developers, and agencies.


Their primary offerings include essential backup services, malware remediation, and rollback capabilities, which are collectively aimed at preventing data loss and minimizing downtime for clients’ websites. CodeGuard’s products are particularly beneficial for users requiring peace of mind regarding their website integrity, allowing for quick setup and ease of use. The company serves a diverse client base, including small to medium-sized enterprises as well as large organizations across various geographical markets in North America, Europe, and Asia, focusing on sectors where online presence and website functionality are critical. CodeGuard generates revenue primarily through subscription-based models, where clients pay for ongoing website backup and security services.


This transactional structure facilitates a steady income stream as businesses enroll in various pricing plans tailored to their specific needs, which may include options for individual sites or comprehensive packages for multiple clients. The service is marketed to both B2B clients, such as web agencies and developers, and direct-to-consumer segments, ensuring broad accessibility to their solutions. While specific pricing details are not disclosed, the structure typically includes tiered plans that cater to varying levels of service usage, enabling customers to select the most appropriate option for their operational requirements. CodeGuard is focused on leveraging its recent funding to support expansion plans and product development.


Although specific new products are not detailed, the company is likely to enhance its existing offerings and explore new features to remain competitive. Following its acquisition in August 2018 by Comodo CA Limited, CodeGuard is positioned to benefit from new market opportunities, particularly aimed at increasing its presence in North America, Europe, and Asia.


Current Investors

Francisco Partners, Sectigo, Inc., PROfounders Capital

Primary Industry

Internet

Sub Industries

Storage, Web Applications, IT Security/Cybersecurity, Application Integration Software, Monitoring & Security Software, Storage Management Software, Systems Management Software

Website

www.codeguard.com

Verticals

Big Data, Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

CodeGuard Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedCodeGuard Inc.-

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