Goldman Sachs Just Put $75 Million into This Cloud Startup

October 10, 2018

Via: Fortune

Goldman Sachs is a believer in the small startup Egnyte, which specializes in helping companies manage their online documents and files.

Egnyte said Wednesday that the banking giant invested $75 million into the startup, bringing its total funding to $132.5 million since it was founded in 2007. The company declined to comment on its valuation.

Holger Staude, the vice president of Goldman Sachs’ (GS, -0.38%) private capital investing unit, will join Egnyte’s board of directors as part of the deal.

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