Faction develops an Infrastructure-as-a-Service (IaaS) software designed to offer cloud services.
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.
| 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 |
| 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 |