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Egnyte Announces Majority Investment from GI Partners and TA

GlobeNewswire LogoGlobeNewswire13h ago

Egnyte Announces Majority Investment from GI Partners and TA - GlobeNewswire

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Strategic partnership aims to support Egnyte’s next phase of growth and mission of helping organizations of all sizes unlock their content’s full potentialMOUNTAIN VIEW, Calif., Feb.25, 2025 (GLOBE NEWSWIRE) -- Egnyte, a provider of secure content collaboration and governance solutions, today announced a strategic growth investment from leading investment firms GI Partners ("GI”) and TA Associates ("TA”).

Having been a longtime Egnyte customer, we are thrilled to partner with the company in its next phase of growth,” added 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.

Committed to innovation, Egnyte continuously invests in new technologies to further enhance employee productivity, automate business processes, and strengthen critical data safeguards, ensuring high customer privacy and workflow efficiency.   "This is a significant milestone in Egnyte’s journey and opens exciting new avenues for Egnyters, our customers, and channel partners,” said Vineet Jain, CEO and Co-Founder of Egnyte.

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Article Details

Author / Journalist: Egnyte, Inc

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 17:00:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 714 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 26440508

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 97 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 9 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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