Faction has finished the year strong with a $6 million funding round consisting of both equity capital and debt. This funding will help the company continue to grow and meet the demands of their growing customer base.
Meritage Funds, Ares Capital and Sweetwater Capital all contributed to the funding round. The company also secured a $4 million round of funding, which helped pay for rebranding efforts in 2015. The funding also helped the company grow by about 46% in 2015.