Egnyte Receives $16,000,000 Series C Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2494f492-b7d2-48d4-bf5e-da5a3f6a8a95&Preview=1 -
Date
7/17/2012 -
Company Name
Egnyte -
Mailing Address
1890 N. Shoreline Blvd. First Floor Mountain View, CA 94043 -
Company Description
Egnyte is run by a team of seasoned executives with a strong track record of building companies in the Hi technology sector. Drawn from companies such as Oracle, Cisco and others, the Egnyte team has been responsible for building and marketing some of the most widely used products in the market. -
Website
http://www.egnyte.com -
Transaction Type
Venture Equity -
Transaction Amount
$16,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The funds will be used to expand sales and marketing efforts as well as further the development of hybrid cloud and next generation cloud technologies. -
M&A Terms
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Venture Investor
Google Ventures -
Venture Investor
Kleiner Perkins Caufield & Byers -
Venture Investor
Polaris Venture Partners
