Crossroads Systems Reports Fiscal Fourth Quarter and Full Year 2011 Results

Crossroads Systems Reports Fiscal Fourth Quarter and Full Year 2011 Results

AUSTIN, TX — (Marketwire) — 12/07/11 — Crossroads Systems, Inc. (NASDAQ: CRDS), a global provider of solutions and services that ensure stored data is proactively protected and reliably recovered, reported financial results for its fiscal fourth quarter and full year ended October 31, 2011.Revenue increased 14% to $6.2 million versus the same period a year agoCash, cash equivalents and short-term investments increased 13% to $10.7 million from the previous quarterPartnered with Aspera to en

Nimbula(R) Wins the Overall Most Innovative Cloud Platform Award at the UP Cloud Computing Conference

Nimbula(R) Wins the Overall Most Innovative Cloud Platform Award at the UP Cloud Computing Conference

MOUNTAIN VIEW, CA — (Marketwire) — 12/07/11 — Nimbula, the Cloud Operating System Company, was named the Overall Most Innovative Cloud Provider at the UP 2011 Cloud Computing Conference yesterday. The conference was sponsored by IBM, Microsoft, PwC, EMC and Amazon Web Services and held at the Computer History Museum in Mountain View, California.There were 350 nominations for disruptive and next-generation cloud computing companies and for emerging solution providers who are defining cloud t

SwiftKey Attracts $2.4 Million in Series A Financing to Accelerate Consumer and OEM Adoption

SwiftKey Attracts $2.4 Million in Series A Financing to Accelerate Consumer and OEM Adoption

LONDON and SAN FRANCISCO, CA — (Marketwire) — 12/07/11 — TouchType Ltd., the London-based company behind SwiftKey (), one of the world-s most popular Android applications, announces today that it has secured $2.4 million (£1.5m) Series A investment from an internal round of major financing led by Octopus Investments.This latest funding will be used to build on the worldwide success of SwiftKey, an Android keyboard application that uses the company-s patented natural language Fluency e