Boston-area open-source sync and share startup ownCloud Inc. announced Monday it has closed a $2.5 million financing, its second seed round of venture capital, led by General Catalyst Partners, a Cambridge, Mass. VC firm.
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.
