OwnCloud, a business data software company, has filed paperwork indicating that it’s raised about $2.5 million. OwnCloud’s Joseph Eckert says previous investor General Catalyst Partners led the round, joined by “a few new angels and a few of us old angels/founders.”
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.
