OwnCloud Raises $4.4M to Expand Sales and Marketing

December 11, 2013 Off By David
Object Storage

Grazed from TalkinCloud. Author: CJ Arlotta.

OwnCloud enables choice of storage, public or private. Cloud-based file sync and share technology provider ownCloud has raised $4.4 million of a proposed $7 million round of funding. The round of funding was disclosed in an SEC filing this week by OwnCloud. The funding will be used for the company’s sales and marketing, and developer organizations, a company spokesperson told Talkin’ Cloud.

An ownCloud spokesperson told MSPmentor explained the company’s differentiation from other vendors such as Box or Dropbox in the following way:…

Read more from the source @ http://talkincloud.com/cloud-computing/owncloud-raises-44m-expand-sales-and-marketing