March 01, 2015 11:54 AM ET

Technology Hardware, Storage and Peripherals

Company Overview of Crossroads Systems, Inc.

Company Overview

Crossroads Systems, Inc. provides data protection solutions and services worldwide. The company’s products include StrongBox, an enterprise-level network attached storage solution based on tape for long-term data protection and preservation; and SPHiNX, a virtual tape system that provides data protection to reduce the complexity of data backup and disaster recovery. Its products also comprise ReadVerify Appliance, which monitors tape media usage and health of tape resources; FileStor HSM, a software solution, which provide intelligent file management for policy-based data migration; and Fibre Channel (FC) storage routers that offer connectivity and protocol conversion from the FC storage are...

11000 North Mopac Expressway

Suite 150

Austin, TX 78759

United States

Founded in 1996

48 Employees

Phone:

512-349-0300

Fax:

512-349-0304

Key Executives for Crossroads Systems, Inc.

Chief Executive Officer, President and Director
Age: 58
Total Annual Compensation: $472.5K
Chief Operating Officer
Age: 48
Total Annual Compensation: $235.0K
Executive Vice President of Strategy and Business Development
Age: 48
Total Annual Compensation: $250.0K
Compensation as of Fiscal Year 2014.

Crossroads Systems, Inc. Key Developments

Crossroads Systems Mulls Acquisitions

Crossroads Systems, Inc. (NasdaqCM:CRDS) is looking for acquisitions. Crossroads Systems, Inc. has completed a Composite Units Offerings in the amount of $7.07 million and may use a portion of the net proceeds to acquire and invest in other products, technologies or businesses.

Crossroads Systems, Inc. Announces General Availability of its Second Generation Hardware Platform of the StrongBox NAS T10 and T30 Appliances

Crossroads Systems, Inc. announced general availability of its second generation hardware platform of the StrongBox NAS T10 and T30 appliances. StrongBox is a network-attached storage (NAS) solution for unstructured data that provides a perfect balance of storage performance and economics. The patent-protected system architecture blends fast data access via disk in parallel with volume storage on tape media for the lowest cost per gigabyte. The new StrongBox NAS Generation 2 platforms expand the storage configuration for up to 65 terabytes of internal disk capacity – three times greater than first-generation systems. Users can add more capacity with external SAS/FC disk arrays, including the new StrongBox XpanDisk. Key benefits include: Best cost per GB for long-term data preservation, tunable policy-driven data performance that optimizes ROI, built-in data protection with no backup needed, online data access for users and applications, hot-swappable disks and drives for maximum uptime and energy efficiency.

Crossroads Systems, Inc. Expands OEM Partnership with FUJIFILM Recording Media U.S.A., Inc

Crossroads Systems, Inc. announced a significantly expanded OEM partnership with FUJIFILM Recording Media U.S.A., Inc. that now includes Canada and South America in addition to the existing United States territory. Fujifilm expects to begin selling its Dternity NAS, powered by Crossroads StrongBox technology, throughout North and South America in 2015. Crossroads and Fujifilm are working together to deliver scalable on-site storage for unstructured data while providing robust data protection and complete data availability for customers around the world. In addition to the Americas, the newly expanded agreement provides considerations for further broadening distribution into additional global markets marking notable growth opportunities since the partnership's initial U.S. focus was announced in August 2013.

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