Egnyte open London HQ to help European expasnion

Egnyte, the Valley firm specialising in an enterprise file-sharing platform, has expanded in Europe, opening a London HQ. This will compliment its existing Amsterdam data center and design office in Poland. It aims to hire 100 new staff in London over the next 5 years. The company says there is growing customer demand for enterprise-grade file sharing which also addresses data security concerns. It says that recent revelations about PRISM and other widespread data breaches is driving European-based companies to look at higher-security cloud solutions. Many European businesses are reluctant to entrust their data to a US-based data center, hence Egnyte’s data center in Amsterdam.