Faction Announces Appointment of Proven Internet Entrepreneur Sean Charnock to its Board of Directors

DENVER, April 03, 2018 -- Faction, the leading Multi-Cloud Platform as a Service provider, headquartered in Denver, CO, announced today that Sean Charnock, co-founder of SoftLayer and a pioneer in the cloud industry, has been appointed to its Board of Directors.

Charnock joins Faction as an independent board director adding extensive industry experience from his prior leadership positions. Charnock is currently President of Humach, a provider of multi-channel contact center outsourcing services, and his successful history and relevant experiences include roles as co-founder and SVP at SoftLayer Technologies (acquired by IBM), COO and SVP of iSIGHT Partners (acquired by FireEye) and Managing Director at DH Capital. Charnock has participated in over $5 billion of venture-backed exits.

Faction recently announced an $18 million Series B equity investment, upon which the following individuals have also joined Faction’s Board of Directors: Rob Heimann of River Cities Capital Funds as a Board Director, and Daniel Docter of Dell Technologies Capital as a Board Observer.

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"Sean is an inspirational leader who has disrupted the cloud industry and we are thrilled to have him join Faction’s Board of Directors," said Luke Norris, CEO, Faction. "We are excited to benefit from Sean’s experience and track record in operationalizing and scaling private companies, particularly given our plans for international growth, expansion, and capitalization."

"I am excited to serve on Faction’s Board of Directors," said Sean Charnock. "Faction is transforming the cloud industry through innovative technology and strategic partnerships while also improving the client experience. I am eager to guide Faction during this exciting time of tremendous growth and expansion."

Background on Sean Charnock

Sean has over 20 years of experience in various high-tech fields including artificial intelligence, cybersecurity, telecom, complex hosting and infrastructure as a service. Sean is currently President of Humach where he leads the development and expansion of the company’s technology portfolio. Prior to Humach, Sean was COO & SVP at ISIGHT Partners (acquired by FireEye in 2016), where he led of all aspects of the business including Operations, Engineering & Product Development, Product Management, Product Management, Global Intelligence, and Customer Success. Sean was Co-Founder and SVP of SoftLayer Technologies which was acquired in 2013 by IBM for over $2BN. Earlier in his career Sean gained extensive international experience spearheading global business development efforts for Efficient Networks prior to an acquisition by Siemen’s AG for $1.5BN. Sean’s prior experience also includes work as an investment banker and operating partner with DH Capital, an investment bank focused on strategic growth financing for Internet Infrastructure, telecommunications and Software as a Service firms.

Sean continues to be an active technology investor, and he maintains multiple board and advisory roles. He has a BS Degree in Finance and Banking from the University of North Florida, as well as an MBA from Regis University.

Faction Quick Facts:

• Last month, Faction closed an $18 million Series B funding round to fuel increased breadth of its multi-cloud products and services, and drive accelerated growth via sales, marketing and international expansion.
• New investor River Cities Capital Funds led the round, which included strategic investment by new investor Dell Technologies Capital and existing investors Sweetwater Capital, Meritage Funds and Charterhouse Strategic Partners.
• The combination of growth capital and strategic investment position Faction to further enhance its market leading position as a premier provider of multi-cloud storage.
• Faction will be expanding its managed services internationally to support the global rollout of VMware Cloud on AWS.

About Faction
Denver-based Faction®, the Multi-Cloud Platform as a Service company, empowers clients by delivering maximum and unmatched control in hybrid and multi-cloud environments that perform like on-premise, scale like public, and connect with patented ease and speed. Faction’s Private VMware Cloud and VMware Cloud on AWS solutions and managed services are bolstered by the company’s status as a Platinum-level NetApp Service Provider, a Premier Partner in the VMware Cloud Provider Program, and an early access partner for VMware Cloud on AWS. Follow Faction on Twitter (@FactionInc) and LinkedIn. For more information, please visit www.factioninc.com.

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