Exhibit 23.1 CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM The Board of Directors FalconStor Software, Inc.: We consent to the incorporation by reference in the registration statements (numbers 333-69834, 333-103925, 333-125126 and 333-139032) filed on Form S-8, and in the registration statement (number 333-69830) filed on Form S-3, of FalconStor Software, Inc. of our reports, dated March 14, 2007, with respect to (i) the consolidated balance sheets of FalconStor Software, Inc. and subsidiaries as of December 31, 2006 and 2005, and the related consolidated statements of operations, stockholders' equity and comprehensive income (loss), and cash flows for each of the years in the three-year period ended December 31, 2006, and (ii) management's assessment of the effectiveness of internal control over financial reporting as of December 31, 2006, and the effectiveness of internal control over financial reporting as of December 31, 2006, which reports appear in the December 31, 2006 annual report on Form 10-K of FalconStor Software, Inc. Our reports, dated March 14, 2007, refer to the Company's adoption of Statement of Financial Accounting Standards No. 123 (Revised 2004), "SHARED-BASED PAYMENT", as of January 1, 2006. /s/ KPMG LLP Melville, New York March 14, 2007
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10-K Filing
Falconstor Software (FALC) 10-K2006 FY Annual report
Filed: 15 Mar 07, 12:00am