Managed cloud services provider Faction has raised new funding from a consortium of existing investors including Dell Technologies Capital.
Dell Technologies Capital, the corporate venturing unit for computing technology producer Dell, has led a $14m funding round for US-based cloud virtualisation services provider Faction.
River Cities Capital Funds, Sweetwater Capital, Meritage Funds and Charterhouse Strategic Partners also participated in the round, while Orix Growth Capital provided debt financing.
Faction provides managed services such as disaster recovery and attached storage for users of VMware Cloud, the cloud platform created through a partnership between virtualisation software producer VMware and cloud services…
