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FalconStor Software

FalconStor is a data management software company based in Austin, Texas.[2][3]

FalconStor Software
Company typePublic
OTC Pink Limited: FALC
IndustryComputer software
Founded2000; 24 years ago (2000)
New York City, U.S.
HeadquartersAustin, Texas, United States
Key people
Todd Brooks[1]
(President and CEO)
Vince Sita
(CFO)
Ron Morita
(Vice President, Engineering)
Abdul Hashmi
(VP of Customer Success)
Clark Liddell
(VP of Operations)
Victoria Grey
(Head of Marketing)
Websitewww.falconstor.com

History edit

FalconStor was co-founded in 2000 in New York by Computer Associates veterans[4] ReiJane Huai[5] and Wayne Lam.[6] In 2007 the company started a joint-venture with the Chinese Academy of Sciences for the Blue Whale file system.[7] The joint venture was named Tianjin Zhongke Blue Whale Information Technologies Company, located in Tianjin, China.[citation needed] FalconStor was listed at #5 in the Forbes 2008 list of 25 fastest growing technology companies.[8] In August 2009, FalconStor, in a joint-venture with Nexsan to create the co-branded DeDupe SG.[9][10] In 2011 CRN added FalconStor to their List of 25 “Need to Know: Storage Vendors”.[11]

In 2012, the company agreed to pay $5.8 US million as part as a federal investigation settlement, after it has admitted that its employees gave more than $300,000 in bribes to executives at JPMorgan Chase with restricted stock shares and golf memberships in exchange for contracts.[12] The company was further charged with falsifying its corporate books and records associated with the bribery.[13]

On September 25, 2017, FalconStor was delisted from Nasdaq Capital Market.[14] The company's stock is traded on OTC Markets Group Inc.’s OTCQB Venture Market.[15]

In June 2020, FalconStor partners with Hitachi Content Platform (HCP) to provide end-to - end data management and backup solutions.[16]

Personnel edit

On August 17, 2017, FalconStor appointed Todd Brooks as CEO. Previously, he served as COO of ESW Capital companies Aurea Software and Trilogy.[2]

In 2018, FalconStor moved its headquarters to Austin, Texas, and hired Brad Wolfe, former CFO for Asure Software, as CFO.[3]

Products edit

In 2019, FalconStor launched its Data Mastery software platform (a rebrand of its FreeStor product).[17]

In May 2020, FalconStor Software announced a new tool named StorSafe, an enterprise-class permanent data storage container that combines with existing recovery applications and archive processes.[18]

References edit

  1. ^ "FalconStor Software CEO talks rebuilding, rebranding". 28 Nov 2018. Retrieved 22 March 2019.
  2. ^ a b "FalconStor Software CEO talks rebuilding, rebranding". SearchDataBackup. Retrieved 2019-03-22.
  3. ^ a b "LI company moves headquarters to Texas". Newsday. Retrieved 2019-03-22.
  4. ^ LIBN Staff (February 15, 2002). "Talent pool". Long Island Business News. Retrieved January 15, 2012.
  5. ^ "EXECUTIVE PROFILE: ReiJane Huai". Bloomberg Businessweek. January 15, 2012. Archived from the original on January 18, 2013. Retrieved January 15, 2012.
  6. ^ "EXECUTIVE PROFILE: Wayne Lam". Bloomberg Businessweek. January 15, 2012. Retrieved January 15, 2012.[dead link]
  7. ^ James Rogers (October 27, 2007). . Network Computing. Archived from the original on March 19, 2012. Retrieved July 15, 2011.
  8. ^ John J. Ray; Paul M. Murdock (January 24, 2008). "America's 25 Fastest-Growing Tech Companies". Forbes.com. Retrieved December 23, 2011.
  9. ^ "Nexsan, Falconstor team up for a greener data dedupe process".
  10. ^ "Nexsan and Falconstor outspin Data Domain". The Register.
  11. ^ "2011 Need To Know: Storage Vendors". CRN.
  12. ^ FalconStor Bribed JPMorgan Chase Executives, Data Storage Company Fined Millions. Huffington Post. 06/28/2012
  13. ^ . June 29, 2012. Archived from the original on May 11, 2013. Retrieved Jul 16, 2013.
  14. ^ "Nasdaq to delist LI software company stock". Newsday. Retrieved 2017-09-22.
  15. ^ "FalconStor Software, Inc. (FALC) Stock Price, Quote, History & News". finance.yahoo.com. Retrieved 2019-03-22.
  16. ^ "FalconStor Delivers Next-Generation Data Retention and Reinstatement Solution with Technology Alliances Partner Hitachi Vantara". yahoo! finance. 23 June 2020. Retrieved 24 June 2020.
  17. ^ "Mastering Enterprise Data Management and Protection – FalconStor Briefing Note". StorageSwiss.com - The Home of Storage Switzerland. 2019-03-04. Retrieved 2019-03-22.
  18. ^ "FalconStor Software Reveals New Data Storage Container". database. 23 May 2020. Retrieved 24 June 2020.

External links edit

  • Official website

falconstor, software, falconstor, data, management, software, company, based, austin, texas, company, typepublictraded, asotc, pink, limited, falcindustrycomputer, softwarefounded2000, years, 2000, york, city, headquartersaustin, texas, united, stateskey, peop. FalconStor is a data management software company based in Austin Texas 2 3 FalconStor SoftwareCompany typePublicTraded asOTC Pink Limited FALCIndustryComputer softwareFounded2000 24 years ago 2000 New York City U S HeadquartersAustin Texas United StatesKey peopleTodd Brooks 1 President and CEO Vince Sita CFO Ron Morita Vice President Engineering Abdul Hashmi VP of Customer Success Clark Liddell VP of Operations Victoria Grey Head of Marketing Websitewww wbr falconstor wbr com Contents 1 History 2 Personnel 3 Products 4 References 5 External linksHistory editFalconStor was co founded in 2000 in New York by Computer Associates veterans 4 ReiJane Huai 5 and Wayne Lam 6 In 2007 the company started a joint venture with the Chinese Academy of Sciences for the Blue Whale file system 7 The joint venture was named Tianjin Zhongke Blue Whale Information Technologies Company located in Tianjin China citation needed FalconStor was listed at 5 in the Forbes 2008 list of 25 fastest growing technology companies 8 In August 2009 FalconStor in a joint venture with Nexsan to create the co branded DeDupe SG 9 10 In 2011 CRN added FalconStor to their List of 25 Need to Know Storage Vendors 11 In 2012 the company agreed to pay 5 8 US million as part as a federal investigation settlement after it has admitted that its employees gave more than 300 000 in bribes to executives at JPMorgan Chase with restricted stock shares and golf memberships in exchange for contracts 12 The company was further charged with falsifying its corporate books and records associated with the bribery 13 On September 25 2017 FalconStor was delisted from Nasdaq Capital Market 14 The company s stock is traded on OTC Markets Group Inc s OTCQB Venture Market 15 In June 2020 FalconStor partners with Hitachi Content Platform HCP to provide end to end data management and backup solutions 16 Personnel editOn August 17 2017 FalconStor appointed Todd Brooks as CEO Previously he served as COO of ESW Capital companies Aurea Software and Trilogy 2 In 2018 FalconStor moved its headquarters to Austin Texas and hired Brad Wolfe former CFO for Asure Software as CFO 3 Products editIn 2019 FalconStor launched its Data Mastery software platform a rebrand of its FreeStor product 17 In May 2020 FalconStor Software announced a new tool named StorSafe an enterprise class permanent data storage container that combines with existing recovery applications and archive processes 18 References edit FalconStor Software CEO talks rebuilding rebranding 28 Nov 2018 Retrieved 22 March 2019 a b FalconStor Software CEO talks rebuilding rebranding SearchDataBackup Retrieved 2019 03 22 a b LI company moves headquarters to Texas Newsday Retrieved 2019 03 22 LIBN Staff February 15 2002 Talent pool Long Island Business News Retrieved January 15 2012 EXECUTIVE PROFILE ReiJane Huai Bloomberg Businessweek January 15 2012 Archived from the original on January 18 2013 Retrieved January 15 2012 EXECUTIVE PROFILE Wayne Lam Bloomberg Businessweek January 15 2012 Retrieved January 15 2012 dead link James Rogers October 27 2007 FalconStor Launches China Venture Network Computing Archived from the original on March 19 2012 Retrieved July 15 2011 John J Ray Paul M Murdock January 24 2008 America s 25 Fastest Growing Tech Companies Forbes com Retrieved December 23 2011 Nexsan Falconstor team up for a greener data dedupe process Nexsan and Falconstor outspin Data Domain The Register 2011 Need To Know Storage Vendors CRN FalconStor Bribed JPMorgan Chase Executives Data Storage Company Fined Millions Huffington Post 06 28 2012 SEC Charges Falconstor for bribery June 29 2012 Archived from the original on May 11 2013 Retrieved Jul 16 2013 Nasdaq to delist LI software company stock Newsday Retrieved 2017 09 22 FalconStor Software Inc FALC Stock Price Quote History amp News finance yahoo com Retrieved 2019 03 22 FalconStor Delivers Next Generation Data Retention and Reinstatement Solution with Technology Alliances Partner Hitachi Vantara yahoo finance 23 June 2020 Retrieved 24 June 2020 Mastering Enterprise Data Management and Protection FalconStor Briefing Note StorageSwiss com The Home of Storage Switzerland 2019 03 04 Retrieved 2019 03 22 FalconStor Software Reveals New Data Storage Container database 23 May 2020 Retrieved 24 June 2020 External links editOfficial website Retrieved from https en wikipedia org w index php title FalconStor Software amp oldid 1213548492, wikipedia, wiki, book, books, library,

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