Egnyte

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Egnyte, Inc.
Type Private
Industry Technology
Founded 2007 in Mountain View, California
Headquarters Mountain View, CA
Key people Vineet Jain (CEO), Amrit Jassal (CTO), Steve Sutter (CFO), Steve Erbst (VP Worldwide Field Operations), Rajesh Ram (VP Product Management), Hakan Ancin (VP Engineering), Kris Lahiri (Chief Security Officer), Jeff Nolette (VP Channels), Pam Goncalves (VP Corporate Marketing)
Website www.egnyte.com

Egnyte provides enterprise file sharing and storage for businesses, and unlike cloud-only storage providers, it supports storage across a mix of local, private, and public clouds.[1] This hybrid solution lets companies keep data on-premises or in the cloud, depending on how much security they need for each file.[2]

Egnyte’s software runs on storage hardware from vendors that include Netgear, Synology and NetApp, three companies with powerful, well-established sales relationships with other companies mulling their own move to the cloud.[3]

Egnyte has 1.1 million users at 40,000 companies, and some of its customers include Nasdaq, Home Depot, Ikea, and Coach.[4]

Egnyte currently employs more than 200 employees worldwide and is hiring at the rate of two to three employees per week as of May 2014.[5]

History and Funding[edit]

Headquartered in Mountain View, California, Egnyte was founded in 2007 by a team of high-tech veterans and engineering experts, including former Valdero partners Vineet Jain, Amrit Jassal, Rajesh Ram, and Kris Lahiri.[6]

Egnyte is a privately funded company that most recently closed its $29.5 million Series D round from investors that included Seagate, CenturyLink, Northgate Capital, and prior investors Kleiner Perkins, Google Ventures and Polaris Partners.[7]

Egnyte also received funding in 2007 (seed round of $1M), 2009 (Series A of $6M), 2011 (Series B $10M), and 2012 (Series C $16M); total funding to date is $62.5M. The full list of investors include: Google Ventures, Kleiner Perkins Caufield & Byers, Floodgate Fund, Polaris Partners, Northgate, CenturyLink and Seagate.[8]

Management Team[edit]

Vineet Jain, the CEO and co-founder of the company, previously founded Valdero, a supply chain software solution provider. Jain was named the 2010 Storage Superstar and was recognized as a 2010 Emerging Storage Vendor by CRN magazine.[9]

See also[edit]

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