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FalconStor Software, Inc. FALC

$1.60 -$0.24-13.04% OTC PK
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Company Overview

FalconStor Software, Inc. (NASDAQ: FALC) is a data protection, backup optimization, and hybrid cloud storage software company focused on enterprise data resilience and long-term data preservation. The company operates primarily in the enterprise software and data infrastructure industries, providing solutions that help organizations manage, migrate, recover, and protect large-scale data environments across on-premises, cloud, and hybrid systems. FalconStor’s principal revenue drivers have historically included software licensing, subscription-based services, maintenance contracts, professional services, and recurring support revenue tied to enterprise storage infrastructure deployments.

The company’s core offerings include the FalconStor StorSafe platform for virtual tape library modernization and ransomware-resilient archival storage, along with data migration, disaster recovery, backup acceleration, and cloud integration technologies. FalconStor serves enterprise customers, government organizations, healthcare institutions, financial services firms, and managed service providers. The company was founded in 2000 and evolved from a storage virtualization software provider into a specialized data resilience and cyber recovery company focused on legacy backup modernization, ransomware protection, and cloud-integrated archival solutions. Its strategic positioning centers on extending the usable life of enterprise backup environments while reducing migration costs and operational complexity for large data estates.

Data compiled by narrative technology. May contain errors.

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Filings

Filing Date
Wednesday, May 10, 2023
Period Date
Friday, March 31, 2023
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Corporate Info

Phone Number
631 777 5188
Address
501 Congress Avenue
Suite 150
Austin, TX 78701
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