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Egnyte was founded in 2007 by Amrit Jassal, Kris Lahiri, Rajesh Ram, and Vineet Jain. CEO Jain has stated that he believes a traditional IPO is the best path forward for the company and that he is "absolutely committed to going public." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Egnyte is a cloud-based software company that offers security, compliance, and collaboration tools for teams and businesses. The company's products are compatible with a variety of third party software platforms and productivity tools. Egnyte is on track to achieve $200 million in ARR in 2022. The company has raised $137 million in venture capital funding from investors including Goldman Sachs Group, Kleiner Perkins, GV, Polaris Partners, Seagate Technology, and CenturyLink. In 2018, the company was valued at $460 million, but there are reports that the company may be seeking an IPO valuation of $1.5 billion.
Egnyte does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Egnyte will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 10/10/2018 | Series E | $75MM raised | $XXX.XX | $XXX.XX |
| 12/11/2013 | Series D | $29.66MM raised | $XXX.XX | $XXX.XX |
| 7/17/2012 | Series C | $16.16MM raised | $XXX.XX | $XXX.XX |
| 3/7/2011 | Series B | $10.03MM raised | $XXX.XX | $XXX.XX |
| 7/30/2008 | Series A | $6.08MM raised | $XXX.XX | $XXX.XX |
| 7/11/2008 | Series Seed | $1,000K raised | $XXX.XX | $XXX.XX |
Egnyte is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Egnyte pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Egnyte is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
