Egnyte raises $29.5 mln in oversubscribed round

File sharing service provider Egnyte announced it raised $29.5 million in an oversubscribed Series D round of funding. Investors include Northgate Capital Group, strategic partners Seagate Technology and CenturyLink, as well as existing investors Google Ventures, Kleiner Perkins Caufield & Byers and Polaris Partners. The Mountain View, Calif.-based company, which said it was looking to raise $25 million in the Series D, has now raised $62.5 million in total funding. CEO Vineet Jain told peHUB during a reception Tuesday night that it is considering an IPO in 2015.

Egnyte Says The Holiday Break ‘Tis the Season for Remote Working

I’ve noticed a surge in deal activity and other announcements during the first two weeks in November, and I’ve assumed that folks are trying to get plenty of work done before the holidays arrive in earnest and we’re on break. Not so, according to Egnyte, a Mountain View, Calif.-based provider of cloud file share solutions […]

Egnyte Raises $6 Million

Egnyte, a Mountain View, Calif.-based provider of on-demand file server solutions, has raised $6 million in Series A funding. Polaris Venture Partners led the round, and was joined by seed backer Maples Investments.

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget