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Faction
Multi-cloud management platform
- 21-100 employees
- B2B
- Data storage
- Cloud Computing
- Central Business District, Denver, CO
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Company mission
To push the boundaries of cloud technology, creating products and services that help organizations drive value today and future-proof their businesses for tomorrow.
-15% employee growth in 12 months
Our take
Previously operating as Peak, Faction is a cloud computing company offering Cloud Infrastructure as a Service software. Its offerings help companies avoid vendor lock-in by facilitating access to data across different clouds like AWS, Google Cloud, and Azure.
The problem of vendor lock-in is a substantial worry for nearly 80% of organizations that use the cloud. Developing multi-cloud networks helps companies shore themselves up against the risks of depending on a single provider, whilst also taking advantage of the growing raft of features available across different networks. With more companies making the shift to cloud computing, Faction is operating in a lucrative market with a lot of room for growth.
Faction has been in the game since 2006 and has grown to be a strong provider in the multi-cloud data service market - including securing a high-profile partnership with Dell Technologies. With the benefits of multi-cloud networks becoming more apparent, Faction seems well-placed to remain a robust market player.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Comprehensive health plan options with company contribution
- Monthly tech stipends to help relieve monthly bills
- Flexible paid vacation time to enjoy your life outside of work
- On-site gym at Corporate HQ and yearly 50% match on wellness activities
- Generous 401k match to help you save for the future
- Fully stocked kitchen with snacks, cold brew, kombucha, and craft beer from your Colorado favorites
Company values
- We challenge the status quo through innovation
- We communicate with radical transparency
- We embrace a relentless can-do attitude
- We pursue customer satisfaction above all else
- We work together, we win together
Funding (last 2 of 6 rounds)
Apr 2019
$14m
SERIES C
Mar 2018
$18m
SERIES B
Total funding: $56m
Leadership
Luke Norris
(Founder)They started out as a Network Engineer at Certus, and were the Manager of the Integrated Operations Center at Sungard. They were also the CSO of Advisor Clearing Network.