Scale8 Inc. is looking to sell its intellectual property after the startup's VCs decided to pull the plug, sources tell Byte and Switch.
Multiple industry sources say Scale8, which sells distributed NAS systems and software, has cut back its headcount -- bumping many employees out of work in a layoff earlier this month. The company is now said to be in the process of trying to sell off its assets, but has evidently had little traction so far.
A source close to the company says Scale8 has not shut its doors, but acknowledges that it's currently pursuing "strategic options."
We tried to contact several executives at San Francisco-based Scale8, including president and CEO Robert "Bo" Ewald, but none responded to email or phone messages.
Recently, former Scale8 COO Patrick Rogers left the company to join Network Appliance Inc. (Nasdaq: NTAP). Bob Thomas, formerly senior director of marketing, is also gone.
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