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Faction
company
About
Faction develops an Infrastructure-as-a-Service (IaaS) software designed to offer cloud services.
- Denver,Colorado,United States
- 101 - 250
- https://www.factioninc.com/
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $18M
- Industries
- IaaS,Information Services,Information Technology,Software
- Founded date
- Jan 1, 2006
- Number Of Employee
- 101 - 250
- Operating Status
- Active
- Legal Name
- Faction Inc.
- Also Known As
- Peak
Faction (formerly Peak), started in 2006 as an inspired, Cloud IAAS collective, populated by some of the most award-winning IT engineers and thought leaders in the cloud computing industry. Determined to revolutionize a smarter, uncompromised way for IT pros to reliably work in the cloud, Faction is gaining rapid momentum and attracting impressive numbers of progressive, forward-thinking customers and channel partners nationwide – all undeterred in their shared pursuit of extreme performance, deep control and broad customization.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
7
$62M
Faction has raised a total of
$62M
in funding over 2 rounds. Their latest funding was raised on
Apr 3, 2019 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 3, 2019 | Series B | $14M | 6 |
Dell Technologies Capital
|
— | Detail |
| Mar 15, 2018 | Series B | $18M | 5 |
RC Capital
|
— | Detail |
| Jan 25, 2018 | Series B | $5M | 4 | — | — | Detail |
| Jan 25, 2017 | Debt Financing | $6M | 1 |
Ares Capital Corporation
|
— | Detail |
| Dec 15, 2015 | Series A | $6M | 3 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
3
9
Faction is funded by 9 investors.
Dell Technologies Capital
and Ares Capital Corporation
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Dell Technologies Capital
|
Yes | Series B |
|
Ares Capital Corporation
|
Yes | Debt Financing |
Charterhouse Strategic Partners
|
— | Series B |
Meritage Funds
|
— | Series B |
|
|
— | Series B |
|
RC Capital
|
— | Series B |
Sweetwater Capital Partners
|
— | Series B |
Sweetwater Capital
|
— | Series B |
|
|
— | Series B |
Employee Profiles
Number of Employee Profiles
11
Faction has 11 current employee profiles, including
Executive Sean Charnock
Executive
Board member
Executive
Executive
Board member
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