Egnyte was founded in 2007 by Amrit Jassal, Kris Lahiri, Rajesh Ram, and Vineet Jain. Egnyte announced its IPO, estimated to occur in 2024.
Egnyte is a cloud-based software company that offers security, compliance, and collaboration tools for teams and businesses. Per Forge data, Egnyte raised $137.5 million in funding over 6 rounds. Their latest funding was raised on Oct 10, 2018, from a Series E round. Key investors include GS Growth, Google Ventures, Kleiner Perkins, and Polaris Partners.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/10/2018 | Series E | $75MM | $xx.xx | $462.11MM | Goldman Sachs | |
Price per Share
$xx.xx
Shares Outstanding
14,773,667
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1.5
Key Investors
Goldman Sachs
|
||||||
12/11/2013 | Series D | $29.66MM | $xx.xx | $173.33MM | Polaris Partners, Kleiner Perkins, Seagate Venture Fund, Northgate Capital, GV, Silver Creek Ventures, Novirian Capital | |
Price per Share
$xx.xx
Shares Outstanding
13,361,639
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
3.0
Key Investors
Polaris Partners, Kleiner Perkins, Seagate Venture Fund, Northgate Capital, GV, Silver Creek Ventures, Novirian Capital
|
||||||
07/17/2012 | Series C | $16.16MM | $xx.xx | $72.18MM | GV, Kleiner Perkins, Pitango Venture Capital, Polaris Partners | |
Price per Share
$xx.xx
Shares Outstanding
11,532,069
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
3.0
Key Investors
GV, Kleiner Perkins, Pitango Venture Capital, Polaris Partners
|
||||||
03/07/2011 | Series B | $10.03MM | $xx.xx | $52.22MM | Kleiner Perkins, Steve Blank, Floodgate Fund, Polaris Partners | |
Price per Share
$xx.xx
Shares Outstanding
9,373,832
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
3.0
Key Investors
Kleiner Perkins, Steve Blank, Floodgate Fund, Polaris Partners
|
||||||
07/30/2008 | Series A | $6.08MM | $xx.xx | $20.82MM | Polaris Venture Partners, Floodgate Fund | |
Price per Share
$xx.xx
Shares Outstanding
10,502,980
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Polaris Venture Partners, Floodgate Fund
|
||||||
07/11/2008 | Series Seed | $999,999 | $xx.xx | $4MM | Floodgate Fund, Steve Blank | |
Price per Share
$xx.xx
Shares Outstanding
2,083,332
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Floodgate Fund, Steve Blank
|