Silicon Valley's Egnyte sets up in London

Silicon Valley file-sharing firm Egnyte is setting up its European headquarters in London.

Lebin Yuriy

Silicon Valley file-sharing firm Egnyte is setting up its European headquarters in London.The office will start with a head count of 25 staff, but is expected to grow to 100 over the next five years. The first wave of employees will predominently be based in sales and marketing, servicing existing Egnyte clients and looking to expand the company's European footprint.The firm's file sharing technology allows businesses to securely store, share and access their files remotely from any device. An added advantage in the wake of Edward Snowden's revelations about US government snooping is the option to use Egnyte's data centre in Amsterdam.In addition to the new office in London, Egnyte's European presence includes a team of 25 developers in Poland working on the company's technology.Heading up Egnyte's European operation will be the newly-hired Mark Rattley as vice president and general manager for Egnyte Europe. Rattley previously worked at EMC as VP of sales for EMEA and has some 30 years of experience in the software industry."Businesses today demand solutions that are enterprise grade, yet provide virtually unlimited choice in terms of when, where and how work gets done," said Rattley. "I believe Egnyte's model, which combines the best of cloud and on-premise with unparalleled flexibility and security, will be the solution of choice for companies of all sizes across Europe and the rest of the globe.""Our expansion from Silicon Valley to the most vibrant tech hub in Europe is being driven by our customers," said Vineet Jain, CEO of Egnyte. "Some of the earliest adopters of cloud storage are in the UK and these are among our most demanding customers in terms of security and bandwidth needs. It makes great sense for us to bring the advantages Egnyte offers in terms of on or off-cloud storage and 'grown up' enterprise capabilities right to their doorstep."