Strong revenue growth, net income, and cash generation 8% year-over-year increase in total GAAP revenue for Q3 and 40% increase versus previous quarter 18% increase in total hybrid cloud ARR run-rate for Q3 versus previous quarter 10% increase in MSP-driven hybrid cloud ARR run-rate for Q3 versus previous quarter AUSTIN, TX – November 08, 2023 […]

• 0 Comments

Hybrid Cloud Recurring Revenue Growth Momentum Continues Generated 5% increase in total GAAP revenue for Q2 versus the previous quarter Generated 29% increase in total hybrid cloud ARR run-rate for Q2 versus the previous quarter Generated 18% increase in MSP-driven hybrid cloud ARR run-rate for Q2 versus the previous quarter AUSTIN, TX – August 09, […]

• 0 Comments

AUSTIN, TX – July 12, 2023 — / BackupReview.info / — FalconStor Software, Inc. (OTCQB: FALC) (the “Company” or “FalconStor”), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced that it filed a Form 15 with the Securities and Exchange Commission (the “SEC”) to voluntarily deregister under […]

• 0 Comments

Expanding Hybrid Cloud Momentum Fuels ARR Growth Generated 11% year-over-year increase in total GAAP revenue Generated 81% increase in total hybrid cloud ARR run-rate for Q1 versus the previous quarter Generated 23% increase in MSP-driven hybrid cloud ARR run-rate for Q1 versus the previous quarter AUSTIN, TX – May 10, 2023 — / BackupReview.info / […]

• 0 Comments

Expanding Hybrid Cloud Momentum Fuels ARR Growth Generated a 20% increase in total hybrid cloud ARR run-rate for Q4 versus the previous quarter and a 222% increase versus Q4 of 2021, as sales from IBM relationship formally launched in the second half of 2022 Extended hybrid cloud sales beyond IBM Cloud and MSPs in Q4 […]

• 0 Comments

Delivered Hybrid Cloud Revenue Growth and Positive Net Income Added new customers and expanded existing customer usage for our joint IBM/FalconStor data protection solutions, enabling hybrid cloud data migration, backup, and restoration services for IBM Power Virtual Server Cloud (“IBM Power VS Cloud”) customers Launched “1-Click” installation for our joint IBM/FalconStor PowerVS Cloud solutions directly […]

• 0 Comments

Launched Hybrid Cloud Data Protection Sales with IBM and Continued Managed Service Provider (“MSP”) Adoption Secured first group of customers for new joint IBM/FalconStor solutions, enabling hybrid cloud data migration, backup, and restoration services for IBM Power Virtual Server Cloud (“IBM Power VS Cloud”) Added three new MSP partners for the StorSafe secure backup-as-a-service solution […]

• 0 Comments

FalconStor’s data protection expertise to bring cloud-enabled, mission-critical data protection to IBM’s Power franchise and Cloud focus AUSTIN, TX – May 11, 2022 — / BackupReview.info / — FalconStor Software, Inc. (OTCQB: FALC), the trusted data protection software leader modernizing disaster recovery and backup operations for the hybrid cloud world, today announced a new strategic […]

• 0 Comments

Continued Managed Service Provider Adoption and Hybrid Cloud Momentum Fuel Subscription Revenue Growth Generated a 20% year-over-year increase in software subscription revenue for Q4 and a 40% year-over-year increase for full year of 2021 Added three new MSP partners for the StorSafe secure backup-as-a-service solution while existing MSP partners expanded their business to protect new […]

• 0 Comments

New solution based on FalconStor StorGuard builds on successful collaboration to provide backup-as-a-service for enterprises and managed services providers AUSTIN, TX – February 09, 2022 — / BackupReview.info / — FalconStor Software, Inc. (OTCQB: FALC), the trusted data protection software leader modernizing disaster recovery and backup operations for the hybrid cloud, today announced the expansion […]

• 0 Comments

New executive appointment to provide industry expertise and guidance as FalconStor expands its presence and partnerships in the hybrid cloud data protection market AUSTIN, TX – January 11, 2022 — / BackupReview.info / — FalconStor Software, Inc. (OTCQB: FALC), the trusted data protection software leader modernizing disaster recovery and backup operations for the hybrid cloud […]

• 0 Comments

Managed Service Provider Adoption and Hybrid Cloud Momentum Fuel Subscription Revenue Growth Partially Offsetting Declines in Legacy Business Delivered a 35% year-over-year increase in software subscription revenue for Q3 and a 54% year-over-year increase for the first nine months of 2021 Added two new managed service provider (MSP) partners for our StorSafe secure backup-as-a-service solution under new […]

• 0 Comments

AUSTIN, TX – July 23, 2021 –/BackupReview.info/– FalconStor Software, Inc. (the “Company” or “FalconStor”) (OTCQB: FALC), the trusted data protection technology leader modernizing backup and archival for the multi-cloud world, today announced the pricing of an underwritten registered public offering of 285,000 newly issued shares of its common stock at a public offering price of […]

• 0 Comments

AUSTIN, TX – June 21, 2021 — /BackupReview.info/ — FalconStor Software, Inc. (the “Company” or “FalconStor”) (OTCQB: FALC), the trusted data protection technology leader modernizing backup and archival for the multi-cloud world, today announced the pricing of an underwritten registered public offering of 725,000 newly issued shares of its common stock at a public offering […]

• 0 Comments

Strong First Quarter Marked by Robust Product Revenue Growth, and Significant Customer Expansions, Net Income, New Customer Sales, and New Product Expansion 104% year-over-year increase in product revenue 185% year-over-year increase in new customer billings $425,248 in net income, versus a $719,840 net loss in Q1 2020 AUSTIN, TX – May 06, 2021 — /BackupReview.info/ […]

• 0 Comments

StorSafe, the flagship next-generation Virtual Tape Library product, provides a bridge for enterprises from on-premise tape and disk environments to the cloud AUSTIN, TX – March 11, 2021 — /BackupReview.info/ — FalconStor Software (OTCQB: FALC), the trusted data protection leader modernizing backup and archival for the multi-cloud world, today announced a series of developments to […]

• 0 Comments

Strong Net Income, New Customer Sales, and New Product Expansion 26 percent increase in new customer bookings for fiscal year 2020 over fiscal year 2019 $1.8 million in fiscal year 2020 GAAP operating income compared to $(0.7) million in fiscal year 2019 88 percent gross margin in fiscal year 2020 compared to 82 percent in […]

• 0 Comments

FalconStor integrates with Hitachi Content Platform (HCP) to deliver unmatched end-to-end backup and archival data storage solutions AUSTIN, TX – June 23, 2020 — /BackupReview.info/ — FalconStor Software, Inc. (OTCQB: FALC), the software-defined data preservation company, today announced the successful integration between FalconStor’s Long-Term Data Retention and Reinstatement solutions and the Hitachi Content Platform (HCP) […]

• 0 Comments

Joint Solution Offers Seamless Data Migration While Expanding Strict Information Retention and Data Integrity Mandates BOSTON, MA – March 31, 2020 — /BackupReview.info/ — Wasabi, the hot cloud storage company, announced today a partnership with FalconStor Software, Inc. (OTCQB: FALC), a leading Software-Defined Data Preservation (SDDP) company, to bring together cloud data migration and long-term […]

• 0 Comments

Demand in cloud-managed recovery, backup, and archival services spurs new growth for managed service provider in Asia-Pacific AUSTIN, TX – March 25, 2020 — /BackupReview.info/ — FalconStor Software, Inc. (OTCQB: FALC), a leading data protection company, today announced that ForgeVision, Inc. a leading system integrator in Japan, selected FalconStor as the recovery, backup, and archival of […]

• 0 Comments

Modernizing backup and archive services to meet emerging managed service demands AUSTIN, TX – March 17, 2020— /BackupReview.info/ — FalconStor Software, Inc. (OTCQB: FALC), a leading Software-Defined Data Preservation (SDDP) company, today announced that Meridian IT Ltd, a leading managed services provider in the United Kingdom, selected FalconStor to enhance and modernize their Backup and […]

• 0 Comments

Data-centric long-term archive leverages persistent containers to operate seamlessly across data centers and cloud environments AUSTIN, TX – March 17, 2020 — /BackupReview.info/ — FalconStor Software, Inc. (OTCQB: FALC), a leading data protection company, announced today StorSafe, the industry’s first enterprise-class persistent data storage container. This new addition to the product line is its most […]

• 0 Comments

AUSTIN, TX – March 12, 2020 — /BackupReview.info/ — FalconStor Software, Inc. (OTCQB: FALC), a market leader in data protection software for global enterprises, today announced financial results for its fourth quarter ended December 31, 2019. Key Financial Highlights for the Close of Fiscal 2019: Continued to demonstrate the growth potential of our innovative and […]

• 0 Comments

Forbes Human Resources Council is an Invitation-Only Community for HR Executives Across All Industries AUSTIN, TX – September 10, 2019 — /BackupReview.info/ — FalconStor Software, Inc. (OTCQB: FALC), which provides the world’s only hardware-agnostic software platform for comprehensive data management, today announced, that Reinhard Guggenberger has been accepted into Forbes Human Resources Council, an invitation-only […]

• 0 Comments

AUSTIN, TX – August 14, 2019 — /BackupReview.info/ — FalconStor Software, Inc. (OTCQB: FALC), a market leader in software-defined storage and data management, today announced financial results for its second quarter ended June 30, 2019. Key Financial Highlights for the Second Quarter of Fiscal 2019: Achieved 15% sales growth, year over year, Captured 114% of additional sales […]

• 0 Comments

Forbes Technology Council is an Invitation-Only Community for World-Class CIOs, CTOs, and Technology Executives AUSTIN, TX – Aug. 13, 2019 — /BackupReview.info/ — FalconStor Software, Inc. (OTCQB: FALC), which provides the world’s only hardware-agnostic software platform for comprehensive data management, today announced that Mark Delsman, FalconStor’s Chief Technology Officer, has been accepted into Forbes Technology […]

• 0 Comments

David Morris joins as vice president of global product strategy and marketing AUSTIN, TX – July 30, 2019 — /BackupReview.info/ — FalconStor Software, Inc. (OTCQB: FALC), which provides the world’s only hardware-agnostic software platform for comprehensive data management, today announced the appointment of David Morris to its global executive team as vice president of global […]

• 0 Comments

Select Partner Program Signals a 100 Percent Commitment to the Channel AUSTIN, TX – June 19, 2019 — /BackupReview.info/ — FalconStor Software, Inc. (OTCQB: FALC), which provides the world’s only vendor-agnostic and cloud native software platform for modern, comprehensive, and easy-to-use storage and data management, today announced the addition of several new IT solutions integration partners […]

• 0 Comments

Company also announced capability to export tapes to Hitachi Content Platform and Amazon AWS S3 and Glacier to help customers achieve low-cost and long-term data retention AUSTIN, TX – May 21, 2019 — /BackupReview.info/ — FalconStor Software, Inc. (OTCQB: FALC), which provides the world’s only vendor-agnostic and cloud native software platform for modern, comprehensive, and […]

• 0 Comments

AUSTIN, TEXAS – January 23, 2019 — /BackupReview.info/ — FalconStor Software, Inc. (OTCQB: FALC), which provides the world’s only vendor-agnostic software platform for comprehensive on-premises and cloud storage and data management, has renamed its award-winning, flagship offering, FreeStor®, to FalconStor® Data Mastery Platform (FDMP). The company is changing the name to more accurately reflect the […]

• 0 Comments