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OwnCloud Raises New Funds, Improves Cloud File Security

Mar 13, 2014, 05:00 (0 Talkback[s])
(Other stories by Sean Michael Kerner)

Cloud file storage, sharing and synchronization vendor OwnCloud is aiming to accelerate its market adoption and growth, with a new enterprise release and a new round of funding.

OwnCloud is set to formally announce on March 13 that it has closed a $6.3 million Series A round of funding led by Devonshire Investors and General Catalyst Partners. Total funding for OwnCloud to date now stands at $10.1 million.

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