Sramana Mitra: Money is flowing freely now. There is no shortage of money especially for late stage deals. People are raising money like crazy. Vineet Jain: It’s a sign of times. My Series D came in nine days. SramanaMitra: It’s good and bad. Some of it is good, because the good companies have plenty of
Vineet Jain: Secondly and this is very important, we have storage companies as partners. When I started, I worked with Netgear here in Sta. Clara. Then I went to NetApp in 2011 as we grew and the customers were saying, “Who’s Net Gear?” The idea here is that the on-premise storage companies look at Egnyte as
Sramana Mitra: What happens to Box and Dropbox? Do they get washed-up by Google and Microsoft providing this for free? Vineet Jain: I will not pontificate to say what happens to them but I can share the general trend. Two years back with the cloud-only play, whether you were pitching to the SMB or enterprise,
Sramana Mitra: From a user point of view, are you trying to hide that complexity and make it seamless for the user, but the enterprise policy determines whether it’s going to be stored on a public cloud server or a private cloud server. Is that what you’re saying?
If you are confused about the cloud file storing and sharing space, this interview with Vineet Jain should throw some light on the dynamics of the industry. Sramana Mitra: Let’s start with introducing our audience to yourself as well as to Egnyte. Vineet Jain: I’m the CEO and co-founder of Egnyte – a company that
Egnyte is a software-as-a-service provider that offers an integrated, on-demand solution to the three most common technology challenges facing small businesses: data storage, information sharing, and computer backup.