Egnyte
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Investors
Founders
About
Egnyte is a cloud-based content intelligence, governance, and collaboration platform founded in 2007 in Mountain View, California 1. The company provides enterprise file sharing, data security, and compliance tools, serving over 22,000 enterprise customers globally 2. Egnyte pioneered a hybrid cloud approach, allowing businesses to store and sync files across local and cloud environments 3. The company achieved GAAP profitability in Q4 2016 and has maintained capital efficiency throughout its history 4. As of mid-2023, Egnyte reported approximately $200M in ARR growing at 25%, reaching an estimated $250M ARR by early 2025 5. In February 2025, GI Partners and TA Associates made a majority investment in Egnyte; financial terms were not disclosed in the joint press announcement 121213. Industry analyst commentary at SaaStr estimated the transaction at a ~$1.5 billion valuation 5, but this figure is not confirmed by any primary source and does not appear in the Egnyte, GI Partners, TA Associates, or GlobeNewswire announcements.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2007 | Seed / bootstrapped | $1M (Crunchbase-listed seed; not corroborated by primary sources — co-founder Vineet Jain has stated on the SaaS Club podcast that Egnyte was bootstrapped via consulting revenue in its first years 14) | Not disclosed by primary sources | Not disclosed by primary sources 614 |
| 2009-07-07 | Series A | $6M | Polaris Venture Partners | Floodgate 73 |
| 2011-03-01 | Series B | $10M | Kleiner Perkins | Floodgate, Polaris Venture Partners 38 |
| 2012-07-17 | Series C | $16M | Google Ventures (GV) | Kleiner Perkins, Polaris Ventures 9 |
| 2013-12-11 | Series D | $29.5M | Northgate Capital | Seagate Technology, CenturyLink, GV, Kleiner Perkins, Polaris Partners 1011 |
| 2018-10 | Series E | $75M | Goldman Sachs | — 4 |
| 2025-02-25 | Private Equity | Undisclosed (financial terms not disclosed in Egnyte, GI Partners, or TA primary press; ~$1.5B valuation is SaaStr analyst estimate only 5, not confirmed by primary sources; existing investors and founders retain significant ownership) | GI Partners, TA Associates | — 1251213 |
Total venture funding raised: $137.5M across seed through Series E 4. The 2025 PE majority investment was reportedly at a $1.5 billion valuation 5.
What Investors Say
No verified investor quotes found at this time.
What Founders Say
No independently sourced founder testimonials found.
Sources
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Egnyte press release, “Egnyte Announces Majority Investment from GI Partners and TA,” February 25, 2025. https://www.egnyte.com/press-releases/egnyte-announces-majority-investment-gi-partners-and-ta↩↩↩
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GlobeNewsWire, “Egnyte Announces Majority Investment from GI Partners and TA,” February 25, 2025. https://www.globenewswire.com/news-release/2025/02/25/3032300/0/en/Egnyte-Announces-Majority-Investment-from-GI-Partners-and-TA.html↩↩↩
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TechCrunch, “Kleiner Perkins Leads $10M Round In Cloud Storage And Syncing Platform Egnyte,” March 1, 2011. https://techcrunch.com/2011/03/01/kleiner-perkins-leads-10m-round-in-cloud-storage-and-syncing-platform-egnyte/↩↩↩
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Crunchbase News, “Egnyte Raises $75M Series E Led By Goldman After History Of Not Losing Money,” October 2018. https://news.crunchbase.com/venture/egnyte-raises-75m-series-e-led-by-goldman-after-history-of-not-losing-money/↩↩↩
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SaaStr, “Egnyte Sells to Private Equity for $1.5 Billion after 18 Years,” 2025. https://www.saastr.com/egnyte-sells-to-private-equity-for-1-5-billion-after-years-steady-wins-too/↩↩↩↩↩
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Crunchbase, Egnyte Company Profile & Funding, accessed March 2026. https://www.crunchbase.com/organization/egnyte↩
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Crunchbase, Series A - Egnyte - 2009-07-27, accessed March 2026. https://www.crunchbase.com/funding_round/egnyte-series-a–2e7901b↩
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VentureBeat, “Egnyte raises $10M from Kleiner Perkins for dirt cheap cloud storage,” March 1, 2011. https://venturebeat.com/2011/03/01/egnyte-funding-10-million-kpcb/↩
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TechCrunch, “Egnyte Raises $16 Million From Google Ventures For Cloud File Storage Service,” July 17, 2012. https://techcrunch.com/2012/07/17/egnyte-raises-16-million-from-google-ventures-for-cloud-file-storage-offering/↩
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Egnyte press release, “Egnyte Secures $29.5 Million in Series D Funding,” December 11, 2013. https://www.egnyte.com/press-releases/2013-12-11-Egnyte-Secures-Funding-Announces-Global-Expansion-Plans↩
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Blocks & Files, “Private equity pair make Egnyte majority buy,” February 26, 2025. https://blocksandfiles.com/2025/02/26/private-equity-egnyte/↩
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GI Partners press release, “Egnyte Announces Majority Investment from GI Partners and TA,” February 25, 2025. https://www.gipartners.com/news/egnyte-announces-majority-investment-from-gi-partners-and-ta↩↩
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TA Associates press release, “Egnyte Announces Majority Investment from GI Partners and TA,” February 25, 2025, accessed July 2026. States “Financial terms of the transaction were not disclosed.” Includes quotes from Travis Pearson (GI Partners Managing Director) and Jason Werlin (TA Associates Managing Director). https://www.ta.com/news/egnyte-announces-majority-investment-from-gi-partners-and-ta/↩↩
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SaaS Club podcast interview with Vineet Jain (Egnyte co-founder & CEO), “How $6K in SEM Launched an Enterprise Sales Machine,” accessed August 2026. Jain states: “we did some consulting to fund it. We didn’t raise money for a while. It was me and another founder of mine, Rajesh. We were doing consulting. The other two were building the code.” Confirms Egnyte was self-funded via consulting revenue during 2007-2008; the first named institutional investors (Polaris, Floodgate/Maples, Kleiner Perkins) came at Series A (2009) and later. https://saasclub.io/podcast/enterprise-sales-vineet-jain-egnyte/↩↩