Egnyte has raised $16 million from Google Ventures for its cloud file storage solution. Exisiting investors Kleiner Perkins Caufield & Byers (KPCB) and Polaris also participated in the Series C round.

Egnyte provides a service that stores documents in a cloud environment with the file appearing on the desktop with shared and private folders. For instance, with Google Apps, people may use… → Read More