
6fusion
closed6fusion standardizes the economic measurement of IT infrastructure, enabling a global marketplace for buyers and sellers of IT infrastructure..
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
N/A | €0.0 | round | |
$6.6m | Early VC | ||
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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6fusion was a technology company founded in 2008 by John Cowan and Delano Seymour, who served as CEO and CTO, respectively. The company, based in Raleigh, North Carolina, operated in the cloud computing market, specifically focusing on providing a platform for managing and metering cloud infrastructure. Before its reported deadpool status, 6fusion had raised a total of $44.5 million over eight funding rounds from investors including Grotech Ventures and Intersouth Partners.
The firm's core business centered on offering a cloud management platform that treated public and private cloud resources as a billable, pay-per-use utility. This service targeted IT service providers, enterprises, and independent software vendors. The business model was designed to give these clients a unified console for overseeing their infrastructure-as-a-service (IaaS), providing insights into consumption, cost allocation, and performance benchmarking without being locked into a single vendor.
A key component of 6fusion's offering was its patented metering algorithm, the Workload Allocation Cube (WAC). This technology created a standardized unit to measure the supply and demand for computing resources, enabling an 'apples-to-apples' comparison across different platforms and vendors. By using the WAC, organizations could track the total cost of their business services in real-time, which facilitated more accurate forecasting and cost optimization. The platform aimed to create a more transparent and efficient market for cloud services by commodifying compute resources.
Keywords: 6fusion, cloud management, IaaS, utility computing, workload allocation cube, WAC, cloud metering, multi-cloud management, infrastructure as a service, IT economic measurement, cloud cost optimization, pay-per-use cloud, John Cowan, Delano Seymour, cloud brokerage, data center management, cloud service metering, IT infrastructure management, Raleigh startup, Grotech Ventures