Sramana Mitra: It’s a piece that I wrote a long time ago. From my recollection, it must’ve been February 2007 or something like that. I define my view of what Web 3.0 should look like. It was basically today’s web. The reason I bring this up is in response to what you just pointed out.
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
Sramana Mitra: Who are the leaders in those six quadrants? If you look at computer file sharing, who is the leader, in your opinion? Jesse Lipson: I think on the consumer side, the ad hoc file sharing , companies like YouSendIt have specialized in that area. On the consumer storage and backup solutions, Dropbox tends
Sramana Mitra: Between 2005 and 2011, at the time of the acquisition by Citrix, how did the revenue run? Jesse Lipson: We were definitely experiencing triple-digit growth every year. We were in the Inc. 500 the last two years. We actually ranked above some of the heavily venture-funded companies like Box.net and YouSendIt. We were