Code42 is an American software company that develops and markets the CrashPlan backup software and services suite. It was founded in 2001 as an IT consultancy. Code42 started a project to create a Facebook-like desktop application but ended up focusing on the online storage element, and released CrashPlan in 2007. The company raised $52.5 million in 2012. CrashPlan is offered to consumers in a freemium model. Backing up to Code42s servers requires a monthly subscription; an enterprise edition is offered as well. CrashPlan gets positive reviews for its pricing, feature-set and user interface, but large initial backups were reported as slow. Code42 was founded as an IT consulting company in 2001, by Matthew Dornquast, Brian Bispala, and Mitch Coopet. The companys name honors Douglas Adams, who authored Hitchhiker’s Guide to the Galaxy and had died that year. In the book, the number 42 is the "answer to the ultimate question of life, the universe and everything".