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Five press releases below highlight about: data protection, cloud backup, data security, cloud storage, disaster recovery, business continuity, data management, data resilience, cybersecurity, compliance, recognition, partner engagement, software updates, virtualisation, and recurring revenues. Click on the links below to read their press releases. Listen to the podcast: 1. Rewind and monday.com are partnering to offer […]
Strong Hybrid Cloud ARR Growth and Profitability 91% year-over-year increase in total hybrid cloud ARR run-rate for full year 2024 12% EBITDA for full year 2024 7% net income for full year 2024 AUSTIN, TX – February 26, 2025 — /BackupReview.info/– FalconStor Software, Inc. (OTC: FALC), a trusted data protection leader modernizing disaster recovery and […]
These press releases highlight recent advancements in data backup and storage, data protection, cloud security and data management. Click on the company links to read their press releases. Listen to the podcast: These five press releases highlight the latest developments in the cloud backup and data storage industry. 1/ The first details a partnership between […]
Continued Revenue, Net Income, and Hybrid Cloud ARR Run-Rate Growth over Trailing Twelve Months 7% increase in Revenue for trailing twelve months 99% increase in Hybrid Cloud ARR run-rate for trailing twelve months $1.6 million increase in Net Income for trailing twelve months $1.0 million increase in Cash for trailing twelve months AUSTIN, TX – […]
Continued Hybrid Cloud ARR Run-Rate Growth Total Revenue flat for Q2 versus Q2 2023 112% increase in total hybrid cloud ARR run-rate for Q2 versus Q2 2023 $0.4 million increase in Net Income for Q2 versus Q2 2023 AUSTIN, Texas – August 07, 2024 — / BackupReview.info / — FalconStor Software, Inc. (OTCMarkets.com: FALC), a […]
Continued Total Revenue and Hybrid Cloud ARR Run-Rate Growth 1% year-over-year increase in total Revenue for Q1 versus Q1 2023 127% increase in total hybrid cloud ARR run-rate for Q1 versus Q1 2023 $0.3 million increase in Net Income for Q1 versus Q1 2023, despite $0.1 million Net Loss during Q1 AUSTIN, TX – May […]
Strong revenue growth, net income, and cash generation 15% year-over-year increase in total GAAP revenue for full year 2023 214% year-over-year increase in total hybrid cloud ARR run-rate for full year 2023 8% net income for full year 2023 AUSTIN, TX – February 22, 2024 — /BackupReview.info / — FalconStor Software, Inc. (OTCQB: FALC), a […]
Falconstor Announces Latest Release of Storsafe® VTL and Introduces Storsight® for IBM Power Environments
18 Jan
Advanced data protection optimization and management for the multi-cloud IBM Power ecosystem Austin, TX – January 17, 2024 — / BackupReview.info / — FalconStor Software today announces the immediate availability of StorSafe v11.13, including StorSight – FalconStor’s advanced hybrid cloud data protection management console – tailored for IBM Power environments spanning on-premises to multi-cloud instances. […]
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 […]
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, […]
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 […]
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 / […]
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 […]
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 […]
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 […]
FalconStor Software Announces New Strategic Relationship with IBM to Accelerate Cloud Migration and Hybrid Cloud Backup for Enterprises and Managed Service Providers
11 May
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 […]
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 […]
FalconStor Expands Reseller Relationship with Hitachi Vantara to Provide Advanced Disaster Recovery and Cloud-Enabled Protection for Hitachi Flash Arrays
10 Feb
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 […]
FalconStor Appoints Doug Balog, IT Infrastructure Veteran and Former IBM Executive, as Strategic Executive Advisor
11 Jan
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 […]
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 […]
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 […]
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 […]
FalconStor Software Announces First Quarter 2021 Results Including 20% Total Revenue Growth, GAAP Net Income After Tax of $425,248
06 May
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/ […]
FalconStor Enhances Cloud-Based Data Protection Solution with Massive Expansion of Capabilities, Ecosystem and Channel
11 Mar
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 […]
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 […]
FalconStor Delivers Next-Generation Data Retention and Reinstatement Solution with Technology Alliances Partner Hitachi Vantara
23 Jun
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) […]
Wasabi Collaborates with FalconStor to Deliver Hybrid Data Migration for Long-Term Archival and Information Preservation Solutions
31 Mar
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 […]
ForgeVision Selects FalconStor to Offer Robust Recovery, Backup and Archive Services in Rapidly Growing Asia-Pacific Market
25 Mar
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 […]
Meridian IT Selects FalconStor to Expand Its Backup and Archive Managed Services Offerings for IBM i Customers
18 Mar
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 […]
FalconStor Launches StorSafe, the Industry’s First Enterprise-Class Persistent Data Storage Container
17 Mar
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 […]
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