“Boston-based nascent cloud storage and sharing startup ownCloud Inc. has taken in $820,000 of a planned $1.25 million funding round, according to federal documents.”
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.