Egnyte is a technology startup that specializes in providing data security and governance solutions for businesses. The company operates in the cloud content collaboration market, serving over 26,000 businesses worldwide that rely heavily on content. Egnyte's services are particularly crucial for businesses that need to manage Department of Defense (DoD) related data, share files externally without compromising control or audit reporting, and maintain data privacy across cloud and on-premises repositories.

Egnyte's business model revolves around offering a suite of services that help businesses manage and secure their data. These services include secure collaboration, data access governance, privacy and compliance, visibility and classification, threat detection, and ransomware protection. The company also offers specialized solutions for life sciences and architecture, engineering, and construction (AEC) sectors. For instance, it helps life sciences companies expedite patient treatment by automating the GxP validation process, and it enables AEC businesses to access design, engineering, and project information from any device, boosting productivity and profit margins.

Egnyte makes money by charging its clients for these services. The company has been recognized as a leader in data security, sensitive data discovery, data governance, and cloud content collaboration. It has also recently announced the development of Generative AI Solutions for secure content collaboration.

Keywords: Data Security, Cloud Content Collaboration, Data Governance, Sensitive Data Discovery, Secure Collaboration, Data Access Governance, Privacy and Compliance, Visibility and Classification, Threat Detection, Ransomware Protection.