German ‘NSA-proof’ private server raises $1mn crowdfunding in 89 minutes

educational rechnology & change, Jun 09, 2014
Commentary by Stephen Downes

This reflects the increasing trend toward personal privacy as well as suggests the possibility of people hosting internet services in their own homes (something that is not practical with ADSL and earlier internet services, or wireless devices, but becomes feasible with cable and especially fibre-optic connections). "The small team of 23 asked for 100,000 euros in funding ($135,830) to support its products, including a new model of a secure server for small companies, on the German crowdfunding site Seedmatch... In just 89 minutes, the startup raised 750,000 euros (over $1 million), breaking the world crowdfunding speed record registered at Kickstarter."

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