Egnyte Obtains $10,000,000 Series B Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ff887a8b-b296-47c3-9ade-ac08237990bc&Preview=1 - Date
3/1/2011 - 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
$10,000,000 - Transaction Round
Series B - Proceeds Purposes
Egnyte will use this new investment to expand into international markets and increase domestic engineering, sales and marketing efforts. - M&A Terms
- Venture Investor
Kleiner Perkins Caufield & Byers - Venture Investor
Polaris Venture Partners - Venture Investor
Floodgate
