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nik736 3 hours ago [-]
Verda is great! The only thing bad about Verda is that it's sold out fairly often :-) So the $189M will hopefully help with that.
welhoilija 51 minutes ago [-]
Gongratulations to the team! Their solutions not only allow the data to actually stay in the EU, but are otherwise competetive as well!
huksley 25 minutes ago [-]
Could you clarify what you mean? Cloud-related data stay in the EU, but yeah, marketing/payment stack are more diverse.
Disclaimer: I work at Verda.
herodoturtle 2 hours ago [-]
Sincere congrats to the Verda team :-)
Can someone please help me understand what their competitive advantage is, versus the likes of AWS / Azure et al, who are also available in the EU.
I love a good underdog story, but I'm not understanding the economics of it.
_ink_ 1 hours ago [-]
Cloud Act: The CLOUD Act (Clarifying Lawful Overseas Use of Data Act) is a U.S. federal law passed in 2018 that allows U.S. law enforcement to compel U.S.-based tech and cloud companies to hand over customer data, even if that data is stored on servers located outside the United States
petcat 24 minutes ago [-]
The data sovereignty stuff is mostly just lip-service. Both the EU and Canada are in the process of negotiating reciprocal CLOUD Act arrangements with the US government similar to what UK and Australia already have in place.
> EU-US agreement [1]
> Negotiations with the United States to facilitate cross-border access to e-evidence for judicial cooperation in criminal matters started in September 2019 and are currently ongoing. At present, US-based service providers collaborate with European law enforcement authorities through direct cooperation on a voluntary basis or through mutual legal assistance (MLA) procedures.
There are several regulated industries that need to have their computing done in the EU without ties to US companies. Sovereignty is currently a big political topic.
victorbjorklund 21 minutes ago [-]
They ain’t Americans.
bergheim 1 hours ago [-]
Them putting services in EU (even as subsidiaries) is just a marketing strategy where they are straight up lying to customers so they can get more money.
Disclaimer: I work at Verda.
Can someone please help me understand what their competitive advantage is, versus the likes of AWS / Azure et al, who are also available in the EU.
I love a good underdog story, but I'm not understanding the economics of it.
> EU-US agreement [1]
> Negotiations with the United States to facilitate cross-border access to e-evidence for judicial cooperation in criminal matters started in September 2019 and are currently ongoing. At present, US-based service providers collaborate with European law enforcement authorities through direct cooperation on a voluntary basis or through mutual legal assistance (MLA) procedures.
[1] https://www.consilium.europa.eu/en/policies/e-evidence/
See https://en.wikipedia.org/wiki/CLOUD_Act
Hopefully it's for buying VSORA or Euclyd machines, but well...
The Euclyd machines, probably many months away.