Egnyte, a provider of secure content collaboration and governance solutions, announced a strategic growth investment from leading investment firms GI Partners and TA Associates. This partnership will provide Egnyte with the funding and expertise needed to expand its global market presence and accelerate innovation through continued investment in research and development.
The company’s founders, management team, and existing investors—including funds and accounts managed by Springcoast, GV, Polaris, and Kleiner Perkins—will retain significant ownership in Egnyte.
Launched in 2008, Egnyte offers businesses with cloud-based content intelligence, governance, and collaboration tools through a unified intelligent content platform. And the company’s solutions integrate AI, file storage, content sharing, and data security, empowering over 22,000 enterprise customers globally to manage their IT operations efficiently across the cloud and on-premises.
Focused on innovation, Egnyte continuously invests in new technologies to enhance employee productivity, automate business processes, and strengthen critical data safeguards, ensuring high customer privacy and workflow efficiency.
The financial terms of the transaction were not disclosed.
Qatalyst Partners served as financial advisor, and Cooley as legal counsel to Egnyte. Ropes & Gray LLP served as legal counsel to GI Partners and TA.
KEY QUOTES:
“This is a significant milestone in Egnyte’s journey and opens exciting new avenues for Egnyters, our customers, and channel partners. The investment and expertise that GI and TA bring will help us accelerate our ability to bring innovative new products and solutions to our existing and future customers as well as deliver accelerated growth and expansion into additional vertical industries and international markets.”
- Vineet Jain, CEO and Co-Founder of Egnyte
“We are impressed by Egnyte’s commitment to providing users with leading security, governance, and compliance in their document management solutions. We look forward to supporting the company as it continues to provide excellent solutions for its customers.”
- Travis Pearson, Managing Director at GI Partners
“We are excited to fuel growth at Egnyte, especially through AI-driven product innovation and targeted vertical workflows. Having been a longtime Egnyte customer, we are thrilled to partner with the company in its next phase of growth.”
- Sendil Rajendran, Managing Director at GI Partners
“Egnyte has established itself as a trusted leader in secure content management, delivering cutting-edge governance tools, advanced file caching and intuitive controls. As businesses increasingly adopt AI-driven workflows and navigate evolving data regulations, we believe Egnyte is well-positioned to scale and meet growing demand.”
- Jason Werlin, Managing Director at TA
“We look forward to collaborating with Vineet, the Egnyte team and GI to further accelerate the company’s next phase of growth.”
- Ashu Agrawal, Managing Director at TA
