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2024 Revenue

$11.2M

Customers

1K

Funding

$0

YOY

6.7%

Avg ACV

$11.2K

Team

288

Founded

2000

How FalconStor Software CEO Todd Brooks grew FalconStor Software to $11.2M revenue and 1K customers in 2024.

Provider of data protection products. The company provides a platform for data migration, business continuity, disaster recovery, optimized backup and deduplication.

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FalconStor Software Revenue

In 2024, FalconStor Software's revenue reached $11.2M. The company previously reported $10.5M in 2023. Since its launch in 2000, FalconStor Software has shown consistent revenue growth.

FalconStor Software Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M2000200220042006200820102012201420162018202020222024$0$11MSource: GetLatka.com
YearMilestoneQuote
2024FalconStor Software Hit $11.2m revenue in October 2024Source
2023FalconStor Software Hit $10.5m revenue in December 2023Source
2000Launched with $0 revenue

FalconStor Software Valuation, Funding Rounds

FalconStor Software is a bootstrapped Server Backup Software startup. Founded in 2000, FalconStor Software has grown to $11.2M in revenue without raising any venture capital or outside funding.

As a self-funded Server Backup Software SaaS company, FalconStor Software has built its business with no outside investment.

FalconStor Software Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120002000 cumulative: $0 • 2000 Founded: $02000 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Todd Brooks

Todd Brooks is Falconstor’s Chief Executive Officer. Prior to joining Falconstor, Mr. Brooks was the Chief Operating Officer at Aurea Software, and CEO of Update Software, a publicly traded company in Europe. Previously, Mr. Brooks was the Chief Operating Officer at Trilogy where he was responsible for the strategic and operational leadership of the firm’s Automotive, Financial Services and Telecom, Technology & Media business units. Earlier in his career, Mr. Brooks co-founded and managed two technology consulting firms, including eFuel, an early innovator and leader in logistics optimization software for the automotive industry. In addition, Mr. Brooks held leadership roles at FedEx. Mr. Brooks earned a Bachelor’s of Science degree in Aerospace and Ocean Engineering from Virginia Tech, and currently serves on the Advisory Board at Virginia Tech’s Apex Center for Innovation and Entrepreneurship.

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Customers

FalconStor Software serves 1K customers.

FalconStor Software Employees & Team Size

FalconStor Software employs approximately 288 people as of 2026, down from 291 in 2023, including 7 sales reps that carry a quota. It serves 1K customers that rely on its solutions.

FalconStor Software Team GrowthReported headcount over time075150225300375200020022004200620082010201220142016201820202022202400288288Source: GetLatka.com
YearMilestone
2024Reached 288 employees (December 2024)
2024Reached 291 employees (October 2024)
2023Reached 291 employees (December 2023)
2022Reached 291 employees (December 2022)
2021Reached 294 employees (December 2021)
2021Reached 307 employees (April 2021)

Frequently Asked Questions about FalconStor Software

What is FalconStor Software's revenue?

FalconStor Software generates $11.2M in revenue.

Who founded FalconStor Software?

FalconStor Software was founded by Todd Brooks.

Who is the CEO of FalconStor Software?

The CEO of FalconStor Software is Todd Brooks.

How much funding does FalconStor Software have?

FalconStor Software raised $0.

How many employees does FalconStor Software have?

FalconStor Software has 288 employees.

Where is FalconStor Software headquarters?

FalconStor Software is headquartered in Austin, Texas, United States.

Compare FalconStor Software to the industry

FalconStor Software operates across multiple industries. Browse revenue, funding, and growth data for FalconStor Software in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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FalconStor Software Revenue 2024: $11.2M ARR (Bootstrapped)