Egnyte raises $29.5 million

Egnyte is an enterprise file-sharing storage company that has raised $29.5 million in funding from strategic investors CenturyLink and Seagate. Other investors that put money into this round includes Northgate Capital Group, Google Ventures, Kleiner Perkins Caufield & Byers, and Polaris Partners. This new round of funding will help Egnyte expand into the U.S. and Europe. The company is going to open a new R&D center in Poland.
[Source: VentureBeat]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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