After hemorrhaging cash and shedding some operations, Boundless Corp. (Amex: BND), the parent company of Boundless Technologies and Boundless Manufacturing Services, Thursday said it had filed for Chapter 11 bankruptcy protection.

The company said it is working with a debtor-in-possession financier to provide it with cash as it reorganizes.

Boundless said it anticipates many customers will "experience an improvement in service" during the bankruptcy due to that additional financing.Boundless makes desktop computer components, including printed circuit board assemblies and monitors and keyboards.