owncloud-logo-150x74ownCloud, Inc. has closed a $6.3 million series A funding round, led by Devonshire Investors and existing investor General Catalyst Partners and joined by customers and existing angel investors.

John Raguin, MD, Devonshire, will join the company’s board where he previously served as a board advisor.

As employees sync, share and store more and more sensitive company data on consumer-grade file sync and share apps, enterprises face significant privacy, governance, regulatory and security exposure. ownCloud offers businesses an enterprise-grade file sync and share alternative to protect corporate data.

Read More.

Hits: 77