Managed VMware cloud on Amazon Web Services (AWS) provider Faction Inc.
(Faction) has received $14 million in financing. Faction, which has headquarters in Denver, Colorado, United States, was established in 2006. The company provides a range of services through seven SOC 1 & 2, HIPAA and PCI compliant cloud nodes located across the United States. These services scale “like public” clouds and make hybrid- and multi-cloud environments operate as though they are at the user’s premises. A ‘Platinum-level’ NetApp Service Provider and VMware Cloud Provider Program (VCPP) premier partner, Faction is also an early access partner for VMware Cloud on AWS. Its most recent investment will “fund continued growth”.
Faction uses patented technology to enable its customers to migrate to multi-cloud environments that include AWS, Azure and Google Cloud Platform. Provided by a team of investors led by Dell Technologies Capital, the company’s $14 million financing will expand the footprint of its ‘Hybrid Disaster Recovery-as-a-Service’ (HDRaaS) offering across public clouds and integrate the solution with key “storage portfolio solutions”. Alongside this, it will extend the reach of its VMware Cloud on AWS service across the United States and into the EMEA and APAC regions.
“Throughout 2018, Faction saw an explosion of interest in customers looking for cost-effective solutions for running VMware Cloud on AWS,” suggested Faction’s founder and CEO, Luke Norris. “We have experienced impressive growth in our Hybrid Disaster Recovery-as-a-Service and Faction Cloud Control Volumes for VMware Cloud on AWS offerings. The need for high-performance and scale-out storage that can expand with customers’ needs across clouds including Azure, AWS, Google Compute Engine and VMware Cloud on AWS is only going to increase. This investment will enable us to reach more customers faster with an even stronger portfolio of managed multi-cloud solutions.”Do you know of any other companies winning investment? Let us know the details. Add your comments below.