As of February 14th, 2017 we were able to officially lay claim to creating the hybrid cloud category! Our hybrid and multi-cloud technology that is now patented under USPTO Patent #9,571,301 powers Faction Cloud Bloc and Faction Internetwork eXchange (FIX) product sets. This allows service providers and enterprises to seamlessly connect the best features of various private and public clouds and design a robust cloud architecture that still operates as a single unified cloud.
Luke Norris, CEO and Founder of Faction, said, “We’re proud that Faction’s technology has essentially created the hybrid cloud category more than 5 years ago, and we look forward to exercising control of this technology now that we have received our initial patent issuance.”
We developed this groundbreaking approach to cloud networking to greatly reduce the cost and complexity of composing true hybrid cloud and multi-cloud solutions for our customers. This technology is also broadly utilized to allow access from datacenters into private and public clouds.
With this technology, cloud architects are now freed from rigid networking constructs and burdensome administrative tasks that have perpetually frustrated infrastructure and operations teams and slowed important business initiatives due to network constraints. Our customers benefit from this composable cloud technology, allowing the combination of datacenter, private, and public cloud resources without sacrificing security or performance, and without incurring substantial migration or interconnection costs typical to traditional solutions.
This initial patent demonstrates our commitment to advancing cutting-edge cloud infrastructure technology and simplifying how enterprise IT cloud infrastructures are designed, built and managed. Specifically, it details how physical resources that may be hosted within a datacenter or colocation site can connect to one or more cloud providers creating a seamless, single pool of resources. Once an enterprise is connected to our composable cloud fabric, it gains the ability to easily mix other third-party cloud services together creating a true multi-cloud solution. Further patent applications are in process, and last week a second Notice of Allowance was received on a Faction patent application to further expand the scope of issued patent claims, with others expected to follow.
This announcement of the USPTO issuing a first patent follows last month’s announcement that we raised $11 million in capital, which will be used to expand our company and help meet strong customer demand. In 2016, we saw 44 percent year-over-year growth, and we project similar growth in 2017!
Stay tuned for more Faction updates! Each and every day we dedicate to advancing our commitment to developing innovative cloud infrastructure technology for our customers.