Daily News: October 7, 2013

WSJ: Nirvanix Files for Chapter 11

A Wall Street Journal blogger reported that cloud storage company Nirvanix filed for Chapter 11 bankruptcy in Delaware federal court.

The Wall Street Journal said the company’s largest equity holders are Khosla Ventures and TriplePoint Capital, which may provide debtor-in-possession financing to keep the company running, according to bankruptcy filings.

To read the entire blog, click here.