Eeeeew! That sucks. It seems the management team at Acirro was up in the clouds during stealth mode, and once out in the real world, market conditions turned out to be a little tougher than it expected like a-spade-over-the-head tough! Wakey wakey, Acirro! Try the Bit Bucket for a while. It's quieter down there.
In contrast, Houston-based NuView, also in the file virtualization space, is not beholden to venture capitalists and has been quietly stacking up customers and partnerships right in front of us (see A NuView for NetApp and EMC?).
NuView's recent deal with Network Appliance Inc. (Nasdaq: NTAP) has more meat to it than initially meets the eye, and CEO Rahul Mehta's presentation to Microsoft Corp.'s (Nasdaq: MSFT) sales force at its Global Summit in New Orleans this week could be the first step towards a much bigger deal with the software giant (see NuView Backs Up NetApp).
The company also meets the two new criteria we recently introduced for inclusion on this list: It is shipping its product and has revenue-generating customers. Among other Wall Street accounts, T. Rowe Price Associates Inc, one of the largest mutual funds in the U.S., is a NuView customer.
For now, NuView is holding steady in the toughest of market conditions, while others are beginning to crack at the seams. Let's see how long it lasts.
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