Tech Company Financing Transactions

Faction Funding Round

Faction, based in Denver, secured $14 million in funding from Dell Technologies Capital, Charterhouse Strategic Partners and Meritage Funds.

Transaction Overview

Company Name
Faction
Announced On
4/4/2019
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Undisclosed
Investors

Dell Technologies Capital (Lead Investor) (Daniel Docter)

Charterhouse Strategic Partners

Meritage Funds (David Solomon)

ORIX

River Cities Capital Funds (Robert Heimann)

Sweetwater Capital

Proceeds Purpose
The investment will be used to broaden Faction's Hybrid Disaster Recovery-as-a-Service (HDRaaS) across public clouds, enable multi-cloud storage via deeper integrations with leading storage portfolio solutions, and expand their global data center footprint.

Company Information

Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
1660 Lincoln St. 1600
Denver, CO 80264
USA
Phone
(855) 532-4734
Website
www.factioninc.com
Email Address
[email protected]
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.
Profile
Faction LinkedIn Company Profile
Social Media
Faction Company Twitter Account
Company News
Faction News
Facebook
Faction on Facebook
YouTube
Faction on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Luke Norris
  Luke Norris LinkedIn Profile  Luke Norris Twitter Account  Luke Norris News  Luke Norris on Facebook
President
Sean Charnock
  Sean Charnock LinkedIn Profile  Sean Charnock Twitter Account  Sean Charnock News  Sean Charnock on Facebook
Vice President
Josh Mariea
  Josh Mariea LinkedIn Profile  Josh Mariea Twitter Account  Josh Mariea News  Josh Mariea on Facebook
VP - Bus. Development
John Drake
  John Drake LinkedIn Profile  John Drake Twitter Account  John Drake News  John Drake on Facebook
VP - Marketing
Duan van der Westhuizen
  Duan van der Westhuizen LinkedIn Profile  Duan van der Westhuizen Twitter Account  Duan van der Westhuizen News  Duan van der Westhuizen on Facebook
VP - Operations
Eric Culp
  Eric Culp LinkedIn Profile  Eric Culp Twitter Account  Eric Culp News  Eric Culp on Facebook
VP - Product Management
Brian Hoekelman
  Brian Hoekelman LinkedIn Profile  Brian Hoekelman Twitter Account  Brian Hoekelman News  Brian Hoekelman on Facebook
VP - Product Management
Matthew Wallace
  Matthew Wallace LinkedIn Profile  Matthew Wallace Twitter Account  Matthew Wallace News  Matthew Wallace on Facebook
VP - Sales
Peter Bell
  Peter Bell LinkedIn Profile  Peter Bell Twitter Account  Peter Bell News  Peter Bell on Facebook

 

 

Browse more venture capital transactions:

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Next: 4/4/2019: C-Motive Technologies venture capital transaction

 

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