# ownCloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/owncloud

- Industry: Software
- Headquarters: Nuremberg, Germany
- Website: www.owncloud.com
- Total disclosed funding: $8.8M
- Latest round: Series A (Mar 13, 2014)
- Investors on record: 2

## About

Based in Germany, ownCloud GmbH is a developer of a secure content collaboration platform focusing on file sharing and synchronization to empower organizations in maintaining data sovereignty and control.ownCloud GmbH specializes in providing a content collaboration platform that enables organizations to manage their data securely. Founded in Nuremberg, Germany, in 2011 by Holger Dyroff, the company has received a total of USD 6.30 mn in funding, with its most recent round being a Series A completed on November 21, 2023, backed by F-Prime Capital and General Catalyst Partners.ownCloud provides a secure content collaboration platform that focuses on file sharing and synchronization, enabling organizations to maintain data sovereignty and control. The core offering, ownCloud Infinite Scale (oCIS), allows users to manage file resources seamlessly through a world-class web interface and is designed to integrate with various web applications. It facilitates real-time collaboration among teams, enabling simultaneous document editing, presentations, and annotations while maintaining compliance with regulations such as GDPR and HIPAA. The platform is suitable for a wide range of industries including public sector, healthcare, education, and manufacturing. ownCloud's products are primarily deployed in European markets, particularly within Germany, ensuring high standards of data protection and privacy.ownCloud operates on a subscription-based revenue model, offering different pricing tiers for its services tailored to organizational needs. Clients can choose between on-premises deployments or the ownCloud.online SaaS solution, which is fully hosted in Germany. The subscription structure may include options for individual user licenses or enterprise-level agreements, allowing clients to scale their usage as needed. With a robust focus on B2B transactions, ownCloud serves a diverse client base that includes government agencies, educational institutions, and private enterprises seeking secure data management solutions. While specific pricing details for various plans are not disclosed, the emphasis on customization and compliance indicates a strategic approach to meet the unique requirements of each client.In November 2023, ownCloud GmbH was acquired by Kiteworks, a portfolio company of BPEA EQT, Tinshed Angels, Riverwood Capital, and Bregal Sagemount. This acquisition will help Kiteworks strengthen its position in the market. Future growth strategies may include the development of new products and expansion into additional geographic regions, enhancing their existing offerings to address the evolving needs of their clients.

## Funding rounds

- Series A, Mar 13, 2014, $6.3M — General Catalyst Partners, F-Prime Capital
- Seed, Nov 26, 2012, $2.5M — General Catalyst Partners

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed, Series A
- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Series A