Egnyte brings life to old hardware with VMWare offering

Egnyte, a startup focused in the cloud file server space, is giving businesses a tool to bring some life back to old hardware while stepping up its efforts in virtualization and cloud computing.

Through a software layer on a virtual machine, the old hardware becomes part of the local storage - which runs at LAN speeds and makes the data available offline - as well as the cloud-based storage, which allows for remote and mobile access.

Late last year, the company released a local cloud networked attached storage, a move that expanded the hybrid move from direct attached storage to networked attached storage.

Last summer, it raised $6 million in Series A funding from Polaris Venture Partners and Maples Investments.