Lexington, Mass.-based ownCloud announced it has raised $6.3 million in a Series A round, led by General Catalyst Partners with participation from Boston-based Devonshire Investors, reports theBoston Business Journal.
European-U.S. data protection agreement: Yet another attempt, yet another failure
The recent agreement between the US and the EU is the third attempt to secure the transfer of personal data from Europe to the US. Holger Dyroff, co-founder and COO of ownCloud, does not see the new regulatory attempt as a satisfactory solution.
