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Former Brocade’s CEO Mike Klayko Board’s Director, Egnyte

And Tom Reilly board's advisor, Barry Phillips CMO and Steve Sutter CFO

Egnyte, Inc. announced two new executives and the addition of a veteran board member to its board of directors.

Joining Egnyte are Mike Klayko, newly appointed member of the Egnyte board of directors, Thomas Reilly, newly-appointed member to the board of advisors, Barry Phillips, CMO, and Steve Sutter, CFO.

"The file sharing and synchronization market is rapidly evolving from line of business deployments using cloud-only solutions to mainstream enterprise IT deployments requiring a combination of on-premise and cloud storage," said Vineet Jain, CEO, Egnyte. "That shift has fueled our explosive growth and Mike, Tom, Barry and Steve bring critical enterprise experience and savvy to help take Egnyte to the next level and retain our leadership position in the market."

The expansion of the executive team comes on the heels of Egnyte’s most successful year to date. In 2012, customer base grew 200% and saw 300% growth in revenue, year over year. With no freemium product and only paying accounts, Egnyte’s 30,000 business customers represent more than one million paid seats. Enterprise companies are a significant part of Egnyte’s recent growth, including the company’s first 35,000-seat deal for a corporate-wide deployment.

Each of Egnyte’s new leaders will play a key part in the company.

mike_klayko As the newest member of the Egnyte board of directors, Klayko brings 35 years of experience in the storage, computer, and telecommunications industry. He is currently CEO of MKA Capital, an investment company focusing on technology investments. Previously he was CEO of Brocade Communications Systems, Inc. Additionally, he has held executive positions at Rhapsody Networks, McDATA, EMC, HP and IBM.

egnyte_reilly As the latest addition to the board of advisors, Reilly adds enterprise software experience to the team. He is currently chairman, of Ombud, a social research platform of B2B technology. His previous positions included head of the security information software group for HP, after the acquisition of ArcSight where he was CEO and VP of business information services of IBM after its acquisition of Trigo Technologies, where he was CEO. He holds a B.S. in mechanical engineering from the University of California, Berkeley.

egnyte_phillips_der Phillips joins from Wanova, where he was CMO in charge of marketing, sales, and business development until VMware acquired the company in 2012. Prior to that, he was with Citrix Systems, where he was the group VP and GM of the delivery center product group. He has held executive roles at Net6, Nortel Networks, Everypath, and Cranite Systems.

egnyte_sutter_der Sutter has financial management and operational experience, most recently he was CFO of Eye-Fi. He has held senior financial management roles at Elance, Identity Engines, Valdero and Netfish Technologies, where he led the sale of the company to Iona Technologies for $270M.

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