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Venture Capital
egancapital.com

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Investments

88

Portfolio Exits

23

Funds

3

About Egan-Managed Capital

Egan-Managed Capital was formed by the Egan family with the objective of helping future entrepreneurs build significant enterprises. Egan-Managed Capital, founded in 1997, has provided funding for nearly 50 early-stage high-technology start-ups, typically situations where the firm can provide tactical and strategic assistance in areas such as technology, finance, and go to market Egan manage three venture capital funds - Egan-Managed Capital I, Egan-Managed Capital II, and Egan-Managed Capital III. Egan-Managed Capital I has $42.8 million of capital and was formed in 1997. The fund made 15 investments and is fully invested or committed. These investments ranged in size from $750,000 to $5 million. Egan-Managed Capital II has $100 million of capital and was formed in 2000. The fund has made 17 investments and is fully invested or committed. These investments ranged in size from $1 million to $6 million. Egan-Managed Capital III has $90 million of capital and was formed in October 2003. The fund is prepared to make investments in the range of $1 million to $6 million, but our preferred initial appetite is between $2 and $3 million.

Egan-Managed Capital Headquarter Location

30 Federal Street

Boston, Massachusetts, 02110,

United States

617.695.2600

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Latest Egan-Managed Capital News

Trilio Appoints Visionary Software Leader John R. Egan, of Egan-Managed Capital, to its Board of Directors

Sep 10, 2018

| Source: Trilio Data Inc. Former EMC Corporation Director to Bring Market Expertise as Trilio Eyes Continued Expansion BOSTON, Sept. 10, 2018 (GLOBE NEWSWIRE) -- Trilio , the leader in cloud-native data protection solutions for OpenStack and KVM, today announced the appointment of John R. Egan to the company’s Board of Directors. Egan, who was an early employee, long-time executive, and Board Member at EMC Corporation and other industry-leading companies, brings his decades of experience in the storage, data protection and infrastructure enterprise software industry to help drive Trilio’s growth in the market. “Jack Egan is revered for his work building and growing EMC Corporation’s sales, strategy and marketing initiatives from its earliest days,” said David Safaii, Chief Executive Officer at Trilio. “The adoption of cloud architectures is redefining the foundational infrastructure required to deliver on the benefits of cloud. Jack’s experience positioning disruptive technologies in mature spaces will prove valuable as we see the storage, data protection and infrastructure landscape going through not just an evolution but a revolution. We are delighted to add him to our Board of Directors.” Egan currently serves as managing partner of Egan-Managed Capital, a private venture capital fund in Boston, Massachusetts. Egan co-founded Egan-Managed Capital during a sabbatical from EMC Corporation, where he was the EVP of Sales and Marketing for over a decade. There, he directed the development of EMC’s salesforce and market positioning and grew its annual sales a thousandfold to $3 billion. Trilio was founded in 2013 by EMC alumnus Murali Balcha with a mission to deliver better data protection and control to cloud users. Today, Trilio offers the only agentless, software-only solution that is native to OpenStack and KVM, providing self-service protection and recovery of entire workloads to the users of each platform. Architected for the cloud, TrilioVault can scale quickly with zero performance degradation. “I’ve watched Trilio from its earliest days and have been very impressed by the company’s success in moving the cloud-native backup and recovery market forward,” said Egan. “The rapid adoption of Open Source technologies and cloud native technologies have provided organizations with excellent flexibility and scalability, and Trilio serves a critical role in protecting these growing market. I’m pleased and eager to be a part of Trilio’s growth and success in the coming years.” Trilio has experienced remarkable growth in the past 12 months, tripling both their headcount and their customer base. That growth is expected to continue well into the foreseeable future as the company expands its product availability while continuing to provide world-class support to its customers. Mr. Egan also serves on the Board of Directors for other publicly traded and privately held companies, including NetScout Systems, Progress Software, and Verint Systems. He previously served on the board of EMC Corporation and VMWare, Inc. About Trilio Trilio is a leader in data protection for OpenStack and KVM environments, and the only provider of OpenStack-native backup and recovery solutions. Since 2013, Trilio has been on a mission to give tenants more control over their ever-changing, growing, complex, and scalable cloud-based architectures. Today, Trilio is trusted by businesses all around the world to protect their clouds in a way that’s easily recoverable, and requires little-to-no central IT administration. Follow us on Twitter @triliodata and LinkedIn or visit www.trilio.io to learn more. Media Contact:

Egan-Managed Capital Investments

88 Investments

Egan-Managed Capital has made 88 investments. Their latest investment was in HighRoads as part of their Unattributed VC - II on August 8, 2016.

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Egan-Managed Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/29/2016

Unattributed VC - II

HighRoads

$2M

No

1

6/2/2015

Series D - II

HighRoads

$3.02M

No

1

9/23/2014

Series B

Finally Light Bulb Company

$15M

Yes

3

6/20/2014

Series F

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$99M

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10

6/17/2014

Series D

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$99M

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10

Date

8/29/2016

6/2/2015

9/23/2014

6/20/2014

6/17/2014

Round

Unattributed VC - II

Series D - II

Series B

Series F

Series D

Company

HighRoads

HighRoads

Finally Light Bulb Company

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Amount

$2M

$3.02M

$15M

$99M

$99M

New?

No

No

Yes

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Co-Investors

Sources

1

1

3

10

10

Egan-Managed Capital Portfolio Exits

23 Portfolio Exits

Egan-Managed Capital has 23 portfolio exits. Their latest portfolio exit was AppNeta on December 07, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/7/2021

Acquired

$99M

9

10/22/2019

Acquired

$99M

1

5/10/2018

Acquired

$99M

5

8/23/2017

Acq - Fin

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$99M

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10

10/13/2016

Acquired

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$99M

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10

Date

12/7/2021

10/22/2019

5/10/2018

8/23/2017

10/13/2016

Exit

Acquired

Acquired

Acquired

Acq - Fin

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

9

1

5

10

10

Egan-Managed Capital Fund History

3 Fund Histories

Egan-Managed Capital has 3 funds, including Egan Managed Capital III LP.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/31/2003

Egan Managed Capital III LP

Early-Stage Venture Capital

Closed

$90M

1

12/31/2000

Egan Managed Capital II LP

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$99M

10

12/31/1997

Egan Managed Capital I LP

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$99M

10

Closing Date

12/31/2003

12/31/2000

12/31/1997

Fund

Egan Managed Capital III LP

Egan Managed Capital II LP

Egan Managed Capital I LP

Fund Type

Early-Stage Venture Capital

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Status

Closed

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Amount

$90M

$99M

$99M

Sources

1

10

10

Egan-Managed Capital Team

3 Team Members

Egan-Managed Capital has 3 team members, including current Founder, Managing Partner, Michael H. Shanahan.

Name

Work History

Title

Status

Michael H. Shanahan

Founder, Managing Partner

Current

John R Egan

Founder

Former

Robert J Creeden

General Partner

Former

Name

Michael H. Shanahan

John R Egan

Robert J Creeden

Work History

Title

Founder, Managing Partner

Founder

General Partner

Status

Current

Former

Former

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