Tuesday, 9 May 2017

Egnyte reaches GAAP profitability ahead of potential fundraise, IPO ramp

 If you rewind to late 2013 or early 2014, the market for enterprise startups, and perhaps especially for storage-centered startups, was quite different. Box raised $100 million in December of 2013 and $150 million the following July. Dropbox was on a similar tear, raising a $350 million Series C round in January of 2014 and snagging a $500 million debt facility that April. There was… Read More

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