Faction - About the company
Faction is a series B company based in Denver (United States), founded in 2006. It operates as a Resilient cloud platform providing modernization, protection, and management solutions. Faction has raised $81M in funding from investors like Meritage Funds, RC Capital and Ares Capital Corporation. The company has 1477 active competitors, including 134 funded and 173 that have exited. Its top competitors include companies like Oracle, DigitalOcean and Dell.
Company Details
Resilient cloud platform providing modernization, protection, and management solutions. The company delivers advanced technology solutions addressing specific organizational needs. They offer a comprehensive suite of products and services, including cloud infrastructure, backup and disaster recovery, security, and networking. Their offerings encompass managed public and private cloud, object storage, DRaaS, managed detection and response, SD-WAN, and more. They cater to various industries like education, financial services, government, and healthcare, focusing on cyber resilience, modernization, and protection. The platform is built with resilience at its core, providing a secure and simplified experience. They offer consulting services, support, product documentation, and API documentation. Their solutions are designed to future-proof businesses by addressing pressing business problems with advanced platforms and technology.
- Website
- factioninc.com
- Registered Address
- Denver, Colorado
Key Metrics
Founded Year
2006
Location
Denver, United States
Stage
Series B
Total Funding
$81M in 16 rounds
Latest Funding Round
Investors
Ranked
125th among 1477 active competitors
Employee Count
19 as on Jul 31, 2026
Legal entities associated with Faction
Faction is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
FACTION INC. CIN: 205117645 , United States, Active | Dec 31, 1999 | - | 44 (As on Dec 31, 2023) | - |
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Faction's funding and investors
Faction has raised a total funding of $81M over 16 rounds. Its first funding round was on Sep 10, 2012. Faction has 10 institutional investors.
Here is the list of recent funding rounds of Faction:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 07, 2020 | 3228189 | Series B | 7049963 | 8588572 | 8816294 | 1847635 |
Apr 03, 2019 | 4157810 | Conventional Debt | 7581488 | 4894407 | 1085832 | |
Feb 07, 2019 | 3132236 | Series B | 1030300 | 1370215 |
View details of Faction's funding rounds and investors
Faction's founders and board of directors
Founder? Claim ProfileFaction's employee count trend
Faction has 19 employees as of Jul 26. Here is Faction's employee count trend over the years:
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Faction's Competitors and alternates
Top competitors of Faction include Oracle, DigitalOcean and Dell. Here is the list of Top 10 competitors of Faction, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Oracle 1977, Austin (United States), Public | Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management | - | 83/100 | |
2nd | DigitalOcean 2011, New York City (United States), Public | Provider of cloud infrastructure, virtual machines, and managed database hosting | $174M | 80/100 | |
3rd | Dell 1984, Round Rock (United States), Public | Provider of enterprise servers and cloud solutions | - | 80/100 | |
4th | Rubrik 2014, Palo Alto (United States), Public | Provider of cyber resilience platform for data and identity security | $553M | 79/100 | |
5th | Druva 2008, Santa Clara (United States), Series H | Provider of cloud-based platform for data protection, security, and governance | $475M | 78/100 | |
6th | Veeam 2006, Seattle (United States), Acquired | Provider of data resilience and cyber security solutions for enterprises | $1.04B | 78/100 | |
7th | Nutanix 2009, San Jose (United States), Public | AI powered cloud management software for enterprises | $317M | 75/100 | |
8th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 74/100 | |
9th | Acronis 2003, Schaffhausen (Switzerland), Acquired | Provider of cyber protection solutions, including backup, disaster recovery, and cybersecurity | $658M | 73/100 | |
10th | Provider of data center, cloud, AI, and cybersecurity infrastructure services | $150M | 72/100 | ||
125th | Faction 2006, Denver (United States), Series B | Resilient cloud platform providing modernization, protection, and management solutions | $81M | 45/100 |
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Faction's Investments and acquisitions
Faction has made no investments or acquisitions yet.
Reports related to Faction
Here is the latest report on Faction's sector:
News related to Faction
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Pontem Raises $6M in FundingFinSMEs•Jan 12, 2024•Pontem Network, Faction VC, Lightspeed Venture Partners, Pantera Capital and 7 others
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TDK Ventures leads next round of financing in advanced vehicle technology developer FactionTDK Ventures•Oct 26, 2023•TDK Ventures, Faction, Ducera Partners, Trucks Venture Capital and 3 others
•
Faction Expands Senior Leadership Team with VPs of Marketing and FinanceGlobeNewswire•Apr 06, 2022•Faction
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Arcimoto and Faction unveil a ‘driverless’ 75 mph three-wheeled electric delivery vehicleElectrek•Feb 23, 2022•Arcimoto, Faction Skis, Faction, Faction
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Faction Multi-Cloud Data Services for Dell EMC PowerScale Now Available on the Azure MarketplaceABC Cloud Services•Aug 04, 2021•Faction
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Faction Technology: Raises $4.3m In Seed FundingFintechinshorts•Jun 03, 2021•Faction, Y Combinator, Trucks Venture Capital, Fifty Years and 1 other
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Faction Named Notable Vendor in Gartner 2019 Magic Quadrant for Disaster Recovery as a ServiceGlobeNewswire•Jun 06, 2019•Faction
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Faction secures $14M for product enhancements, multi-cloud services, and global expansionGlobeNewswire•Apr 03, 2019•Faction, Dell Technologies, RC Capital, Sweetwater Capital Group and 3 others
•
Faction drives adoption of VMware Cloud on AWS with record-setting yearInnovatioNews•Feb 21, 2019•Faction
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