Tech Company Financing Transactions
Faction Funding Round
Square 1 Bank participated in a $3 million capital raise for Faction. This VC investment round was announced on 6/25/2013.
Transaction Overview
Company Name
Announced On
6/25/2013
Transaction Type
Debt
Amount
$3,000,000
Round
Undisclosed
Investors
Square 1 Bank (Ken Fugate)
Proceeds Purpose
The funding will support the explosive demand it's experiencing for cloud services throughout existing markets, and serves as further working capital for growth into new markets.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
1660 Lincoln St. 1600
Denver, CO 80264
USA
Denver, CO 80264
USA
Phone
Website
Email Address
Overview
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.
Management Team
Title
Name
Email & Social
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