OwnCloud Inc., which offers a commercial version of the open-source file sync and share community project of the same name, announced Tuesday it has raised a $6.3 million Series A funding round, led in part by General Catalyst Partners.
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.