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.