What is ownCloud?
Founded in 2010 and headquartered in Lexington, Massachusetts, ownCloud develops and provides open-source software solutions that enable teams to share and collaborate on files seamlessly across various devices and locations. The company's platform is designed to facilitate secure content collaboration, empowering businesses to manage their data effectively while maintaining flexibility and accessibility. ownCloud operates within the competitive enterprise software market, focusing on delivering robust and user-friendly content management and collaboration tools.
How much funding has ownCloud raised?
ownCloud has raised a total of $14M across 4 funding rounds:
Private Equity
$820K
Angel/Seed
$2.4M
Private Equity
$4.4M
Series A
$6.3M
Private Equity (2011): $820K, investors not publicly disclosed
Angel/Seed (2012): $2.4M led by General Catalyst Partners
Private Equity (2013): $4.4M supported by General Catalyst Partners and CommonAngels
Series A (2014): $6.3M featuring General Catalyst Partners
Key Investors in ownCloud
General Catalyst Partners
General Catalyst operates as a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages. The firm deploys capital strategically to back entrepreneurs and management teams pursuing ambitious visions that reshape their respective industries.
CommonAngels
Stealthy Vocal Extractor offers an AI-powered online tool that allows users to easily separate vocals from instrumentals in audio tracks. Utilizing advanced algorithms, it analyzes audio files to isolate and suppress vocal frequencies while preserving instrumental elements, ensuring high-quality audio separation in seconds.
What's next for ownCloud?
The recent major strategic investment in ownCloud, following a history of significant capital raises, indicates a strong market position and potential for accelerated growth. This backing is likely to fuel further development of its open-source content collaboration platform, expansion into new markets, and enhancement of its enterprise-grade features. The company's trajectory suggests a focus on scaling its operations and solidifying its presence in the cloud collaboration and data management sectors, leveraging its established open-source community and enterprise solutions.
See full ownCloud company page
