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Do You Want Your OwnCloud?

Dec 16, 2011, 23:02 (0 Talkback[s])
(Other stories by Sean Michael Kerner)

[ Thanks to Amy Newman for this link. ]

"The open source OwnCloud project enables users to set up their own cloud storage service, analogous in many ways to what the proprietary DropBox service provides today.

"OwnCloud is becoming more than just an open source project; it's now a commercial entity too. Helming the new company as the CEO and CTO of OwnCloud is former Novell SUSE Linux CTO Markus Rex. Rex told InternetNews.com that the plan is to have commercial products and services in the first quarter of 2012.

"In terms of how much money OwnCloud has raised from venture capital to help fund the business, Rex declined to provide a precise figure. He did however note that the funding is significant and well into the seven-digit range."

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