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

http://ift.tt/2q0jJEj Egnyte reaches GAAP profitability ahead of potential fundraise, IPO ramp http://ift.tt/2qXXIUZ