Five-year-old Egnyte and its hybrid cloud file server - a mix of cloud and on-premise NAS storage larger accounts are finding attractive although the start-up meant to focus on SMBs - have closed a $10 million B round led by Kleiner Perkins' Apple-partnered iFund. Existing backers Floodgate and Polaris kicked in.
The money should pave Egnyte's way into international markets and pay for engineering and domestic sales and marketing efforts.
The start-up says it quadrupled its customer base in 2010. It reportedly has five billion files stored in its cloud network and says more than two million files are uploaded and downloaded a day. That's 3,000 files a minute.
Now it's moving to the channel.
Egnyte's solution offers organizations a corporate-wide file storage, sharing and backup solution combining the speed and security of a local file repository with cloud access, flexibility and scalability.
Egnyte has already charged into mobile space with iPad-, iPad 2-, iPhone- and Android-supporting apps and is integrated directly into existing file storage infrastructures managed by existing directory services. It automatically synchronizes changes made to either local and cloud files.
Egnyte got a $6 million A round that included Maples Investments.
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara
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