| Founded | 2019 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Saas |
| Collapse type | Silent Shutdown |
Egnyte Compliance Division
"Egnyte spent $12M building a privacy ops division that generated under $2M before being shut down."
Quiet closure with no public announcement
Key Events Timeline
Egnyte launched a dedicated compliance and privacy operations division in 2019, investing approximately $12M in building automated Data Subject Access Request (DSAR) management and data classification tooling to complement its file management platform.
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