the answer is on cruchbase..
Quick check. The company is there. Raised $10M for what is a $1M/$1.5M a year dev team operation. Max. Last money raised 4 years ago so coming near the end of the 5 year kill or find some other VC sucker limit. That what happens when you take money from 2/20 business model loan shark operations. i.e.VC's.
So this is year four. No new money so fire people to reduce burn rate to drag out another 12 to 18 months. Maybe. The people who are fired at this stage of the game are the few dot com employees who actually, you know, do product work. Not many of those in dot coms. They were only worth keeping around the first few years to make the company look like it was actually doing some real work. New work. Beyond the original pre VC product that actually was used as bait to raise the original cash.
Unless they can find a sucker to put up more cash in the next 12 they will be either folded into some other operation, with the cumulative loses going into the blender. Made disappear. Through the magic of GAAP. Or failing that, restructured into a holding company that goes to somewhere like a office park in Canada to die. With any i.p been stripped off and sold on a separate deal.
Welcome to the wonderful world of VC Dot Coms. Which makes Berie Madoff look like a straight talking straight dealing financial advisor.