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May 9, 2017 03:09 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/MOzFTU3RzlQ/
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 2013and $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 debtfacility that April. There was… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/MOzFTU3RzlQ/
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