FalconStor Software
Delivers data protection solutions that facilitate the availability of business-critical data.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
$3.3m | Post IPO Equity | ||
| Total Funding | 000k | ||
| USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (29 %) | (7 %) | (11 %) | (4 %) | (29 %) | 15 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 6 % | - | 9 % | 19 % | 6 % | (13 %) | 12 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 4 % | - | (11 %) | 8 % | 1 % | (18 %) | 8 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | - | 19 % | 17 % | 20 % | 25 % | 21 % |
Source: Company filings or news article
FalconStor, founded in 2000, is a company that specializes in software solutions aimed at modernizing and optimizing data protection and cloud migration, particularly for hybrid cloud environments. The company serves a diverse range of clients, including large enterprises and managed service providers (MSPs), who need robust data backup, disaster recovery, and cloud migration solutions.
Operating in the data protection technology market, FalconStor offers products that are fully compatible with existing backup and archive software, hardware, and processes. This compatibility ensures that businesses can integrate FalconStor's solutions without overhauling their current systems. The company's flagship product, StorSafe VTL (Virtual Tape Library), is particularly noted for its 100% compatibility with leading enterprise-class backup and restore software.
FalconStor's business model revolves around providing software licenses and support services. The company makes money by selling these licenses to businesses that need to protect their data and ensure smooth cloud migrations. Additionally, FalconStor offers ongoing support and updates, which provide a recurring revenue stream.
The company is also committed to sustainability, leveraging its patented deduplication technology to reduce the amount of data retained on storage systems by an average of 90%. This not only lowers storage costs but also significantly reduces carbon emissions.
FalconStor collaborates with major cloud providers like IBM, AWS, and Azure, as well as various storage vendors, to ensure that its solutions are versatile and future-proof. This makes FalconStor a trusted partner for businesses looking to secure their data and streamline their operations in a multi-cloud world.
Keywords: Data Protection, Cloud Migration, Hybrid Cloud, Backup Solutions, Disaster Recovery, Deduplication, Enterprise Software, IBM Power, Sustainability, Multi-Cloud.
Tech stack
Investments by FalconStor Software
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