5 Companies That Had A Rough Week

Unable to turn around its data protection business, Dublin, Ohio-based Trustyd closed its doors this week and turned its intellectual property over to the Ohio Department of Development.

The sudden shutdown of the company left customers and channel partners with no means of ongoing support or technology upgrades.

Trustyd was founded in 2012 to acquire and nurture another storage startup, struggling 3X Systems. But the effort was taking longer than expected and the company ran out of time and money.

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