Faction, a Denver, CO-based provider of a multi-cloud storage solutions, raised $18m in Series B funding.
The round was led by River Cities Capital Funds, with participation from Dell Technologies Capital and existing investors Sweetwater Capital, Meritage Funds and Charterhouse Strategic Partners.
The company intends to use the funds to expand its multi-cloud products and services and accelerate growth via sales, marketing and international expansion.
Led by Luke Norris, Founder and CEO, Faction provides a storage platform, which delivers control in hybrid and multi-cloud environments. The company’s offerings include Private VMware Cloud and VMware Cloud on AWS solutions and managed services.