Faction Obtains $6,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0a38e557-85e2-4d77-a9f2-6dffa7ff8940
Date
12/16/2015
Company Name
Faction
Mailing Address
1660 Lincoln St. Denver, CO 80264 USA
Company Description
Faction (formerly Peak), started in 2006 as an inspired, Cloud IAAS collective, populated by some of the most award-winning IT engineers and thought leaders in the cloud computing industry.
Website
http://www.factioninc.com
Transaction Type
Debt
Transaction Amount
$6,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The $6 million in debt and equity capital will be used to fund the company’s explosive customer demand.
M&A Terms
Venture Investor
Venture Investor
Venture Investor