Lexington, Mass.-based ownCloud announced today that it had closed on a second round of seed financing worth $2.5 million.
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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.
In a position paper, Germany’s top data protection officials outline how they envision sovereign clouds. Their demands are welcome, but do not go far enough, laments Holger Dyroff, Co-Founder and COO of ownCloud.
The European Union’s General Data Protection Regulation (GDPR) might be exhausting, but it is a success story. The European Commission should use the fifth anniversary of the GDPR to reconsider “Privacy Shield 2.0”, opines Holger Dyroff, Co-Founder and COO of ownCloud.