Amp'd Mobile bankrupt?

If I recall correctly, I saw a post about Amp'd Mobile going bankrupt, but now that I wanted to read it, it's gone. So how can this be? I thought they were doing really good especially since they were one of the winners at this year's MySQL Application of the year. I wonder what went wrong.

UPDATE:
The official statement from Ampd Mobile:

"As a result of our rapid growth, our back-end infrastructure was unable to keep up with customer demand. We are taking this step as a necessary and responsible action to sustain and strengthen our momentum in the market place".

Ok, Now I am really curious. Which part of backend? Network? Application? Storage? ... Database?

And whatever these backend scalability issues were, why weren't they actively resolved? Could making a company scalable drive it bankrupt? If not, then what happened here?

From what I can think, the problem here probably lies with the implementation of the backend, not the individual components of the infrastructure.



It will probably be some time before we will know what really happened to Amp'd. But I am curious to know what happened.