Faction Scores Dell Technologies Capital Funding, Set To Expand VMware Cloud On AWS And Multicloud Partner Sales Offensive
@Faction, one of the premier @VMware Cloud On #AWS managed service providers and a multi-cloud market leader, has closed a new $18 million round of funding that includes @DellTechnologies Capital as part of a plan to expand its global partner sales effort. Faction founder and CEO @LukeNorris said the funding is “validation” of the company’s VMware Cloud on AWS managed services strategy, its Layer 2 patented multicloud networking technology and its partner sales strategy. “This gives VARs a unique value proposition around the massive wave of adoption coming on VMware Cloud on AWS,” said Norris in an interview with CRN. [Related: 10 Things Solution Providers Need To Know About VMware Cloud On AWS] “Partnering with Faction and our storage service allows partners to build tremendous value by building on premise solutions that attach to multiple clouds. This opportunity is much bigger than the last five years of public cloud,” Norris said. “Now you are talking about enterprise migration to the cloud and the real mulitcloud possibilities. For enterprise customers that were waiting and not fully engaged on cloud the moment is now.” The funding also opens the door for Faction to target Dell Technologies partners, said Norris. “The additional access we can get to the Dell channels is tremendous for us,” he said. “We see VMware Cloud on AWS as the extreme tipping point for the enterprise to fully adopt cloud.” The Faction VMware Cloud on AWS managed service provides a unqiue opportunity for partners to sell on premise storage that can be moved into VMware Cloud on AWS. In addition, Faction’s MultiCloud platform as a service offering allows partners to provide a multicloud platform as a service aimed at directly addressing customer concerns around cloud lock-in. [Sponsored Suggested Post: Free IoT Virtual Conference – April 25, 2018 Build IoT partnerships, discover new technologies and learn how to monetize IoT solutions. Register Today!] Global Technology Resources Inc. (GTRI), a national cloud consultant and systems integrator, No. 151 on the CRN SP500, already has a robust hybrid cloud sales pipeline as a result of the “unique” Faction technology and the ability to save customers millions of dollar with a both a VMware Cloud on AWS and multicloud service offering, said GTRI co-founder and CEO Greg Byles.