Nirvanix Files For Chapter 11 Bankruptcy

San Diego-based cloud storage company Nirvanix said Thursday that it has officially filed for Chapter 11 bankruptcy protection. According to the company, the filing was made October 1st. The company said it filed for bankruptcy protection "in order to pursue all alternatives to maximize value for its creditors". Nirvanix suddenly told its users it would be shutting down its service, only two weeks ago, surprising its customers, who were given until October 15th to transfer their data off the service.