Faction
Denver, Colorado, United States
How Faction hit $3.7M revenue with a 61 person team in 2023.
Provider of enterprise-class Infrastructure-as-a-Service (IaaS) software designed to offer cloud services to private, public and hybrid cloud services. The company's platform provides cost-effective VMware based clouds with administrator-level access to VMware vCenter, providing control, flexibility and integration capabilities for hybrid and multi-cloud deployments, enabling clients to take immediate advantage of the growing cloud services market, maintain customer ownership and maximize profitability.
2006
Founded
$3.7M
2023 Revenue
-17%
YOY
$56M
Funding
Faction Revenue
In 2023, Faction revenue run rate hit $3.7M in revenue.
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2023
Faction hit $3.7M in revenue in 2023
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2021
Faction hit $5.5M in revenue in 2021
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2006
Faction launched in 2006 with $0 revenue
Faction Funding History
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2019
Faction raised a of in April, 2019
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2018
Faction raised a of in March, 2018
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2018
Faction raised a of in January, 2018
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2015
Faction raised a of in December, 2015
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2015
Faction raised a of in April, 2015
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2012
Faction raised a of in August, 2012
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| April, 03 2019 | |||
| March, 15 2018 | |||
| January, 25 2018 | |||
| December, 15 2015 | |||
| April, 16 2015 | |||
| August, 29 2012 |
Team
Faction has 61 total employees and 2 sales reps that carry a quota. an engineering team of 10 and a marketing team of 2.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 61 |
| Engineer | 10 (16%) |
| Sales | 2 (3%) |
| Marketing | 2 (3%) |
Founder / CEO
Sean Charnock
CEO at Faction, Inc. Seasoned Technology Entrepreneur with a track record of successful ventures. Successes include: - CEO - Faction, Inc. - President - Humach, a leading customer experience/success firm leveraging the power of human interaction with the expanding roles of artificial intelligence, machine learning and computational results. - COO/Senior Vice President - iSIGHT Partners, a global leading Cyber Security Firm, Bessemer Venture Partners Backed (Acquired by FireEye in 2016) - Managing Director/Venture Partner at DH Capital, the leading boutique investment banking firm focusing on Data Center, Internet Infrastructure, Cloud and 'As a Service' disciplines - Co-Founder/SVP of SoftLayer Technologies, GI Partners Backed (Acquired by IBM in 2013) - Executive Manager at The Planet Internet Services which was one of the world's leading dedicated hosting providers (Acquired by GI Partners in 2006) - Manager at Efficient Networks, one the of the largest successful telecom ventures in the early 2000's with a successful IPO through a acquisition by Siemens A.G. for $1.5B. Education includes: - MBA, concentration in Finance - B.S. Finance and Banking Specialties: - Executive Financial Relationships - Mergers & Acquisitions - Technical Operations Management - Executive Vendor Relationships (Domestic and International) - Contract Negotiating - Vendor Management - Equity and Debt Fundraising (Venture Capital, Investment Banking, etc.) - Strategic Sourcing - Board of Directors
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
Faction Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Sean Charnock | CEO | [email protected] | - |
Faction Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Sean Charnock | CEO | [email protected] | - |
Frequently Asked Questions about Faction
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When was Faction founded?
Faction was founded in 2006.
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How much revenue does Faction generate?
Faction generates $3.7M in revenue.
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Who is the CEO of Faction
The CEO of Faction is Sean Charnock.
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How much funding does Faction have?
Faction raised $56M.
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How many employees does Faction have?
Faction has 61 employees.
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Where is Faction headquarters?
Faction is headquartered at Denver, Colorado, United States
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