Faction revenue is $5.5 million
Faction team size is 107 employees
Faction
- Denver, Colorado, United States
How Faction hit $5.5M Revenue
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
$5.5M
2022 Revenue
YOY
$56M
Funding
Faction Revenue
In 2022, Faction revenue run rate hit $5.5M in revenue.
2021
Faction hit $5.5M in revenue in 2021
2006
Faction launched in 2006 with $0 revenue
Faction Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2019
Faction raised a of $14M
2018
Faction raised a of $18M
2018
Faction raised a of $5M
2015
Faction raised a of $6M
2015
Faction raised a of $4M
2012
Faction raised a of $9M
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 04/03/2019 | $14M | ||
| 03/15/2018 | $18M | ||
| 01/25/2018 | $5M | ||
| 12/15/2015 | $6M | ||
| 04/16/2015 | $4M | ||
| 08/29/2012 | $9M |
Team
Faction has 107 total employees and 2 sales reps that carry a quota.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 107 |
| Engineer | 10(9%) |
| Sales | 2(2%) |
| Marketing | 2(2%) |
CEO/Founder
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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Customers
Faction has 0 customers.
Lifetime Months
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x
Monthly ARPU
-
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
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Churn
Faction has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Faction
Monthly Revenue
$462K
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
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Rule of 40
0
Faction Board of Directors
| Name | Position |
|---|
Faction Executives
| Name | Position |
|---|---|
| Sean Charnock | CEO |
Faction Employees
| Name | Position |
|---|---|
| Sean Charnock | CEO |
Frequently Asked Questions about Faction
When was Faction founded?
Faction was founded in 2006.
How much revenue does Faction generate?
Faction generates $5.5M in revenue.
Who is the CEO of Faction?
The CEO of Faction is Sean Charnock.
How much funding does Faction have?
Faction was raised $56M.
How many employees does Faction have?
Faction has raised 107 employees.
Where is Faction headquarters?
Faction headquater is at United States