About Fermyon
Fermyon is a company based in Modesto (United States) founded in 2021 by Brian Hardock, Ivan Towlson, Michelle Dhanani, Thorsten Hans, Adam Reese, Radu Matei, and Matthew Fisher was acquired by Akamai in December 2025.. Fermyon has raised $26 million across 2 funding rounds from investors including Akamai, Insight Partners and Amplify Partners. Fermyon operates in a competitive market with competitors including 2nd Watch, Crayon, Megazone Cloud, All Cloud and Ukcloud, among others.
- Headquarter Modesto, United States
- Founders Brian Hardock, Ivan Towlson, Michelle Dhanani, Thorsten Hans, Adam Reese, Radu Matei, Matthew Fisher
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Fermyon
Fermyon has successfully raised a total of $26M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $20.0M
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First Round
First Round
(21 Jun 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series A - Fermyon | Valuation | Insight Partners | |
| Jun, 2022 | Amount | Seed - Fermyon | Valuation | Amplify Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fermyon
Fermyon has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Akamai, Insight Partners and Amplify Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Technical founders are supported through early-stage venture capital investments.
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Founded Year | Domain | Location | |
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Provider of cloud and AI based CDN management software
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fermyon
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fermyon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fermyon Comparisons
Competitors of Fermyon
Fermyon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 2nd Watch, Crayon, Megazone Cloud, All Cloud and Ukcloud, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Public cloud workload management tools and services are provided.
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| domain | founded_year | HQ Location |
Crayon is involved in unspecified business activities.
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| domain | founded_year | HQ Location |
AWS cloud services are provided, including consulting, deployment, and management.
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| domain | founded_year | HQ Location |
Services for the development and support of cloud-based applications
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| domain | founded_year | HQ Location |
Cloud services in PaaS, SaaS, and IaaS are provided.
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| domain | founded_year | HQ Location |
Cloud-based virtual classroom platform for enterprises
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fermyon
Frequently Asked Questions about Fermyon
When was Fermyon founded?
Fermyon was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Fermyon located?
Fermyon is headquartered in Modesto, United States. It is registered at Modesto, California, United States.
Who is the current CEO of Fermyon?
Matt Butcher is the current CEO of Fermyon.
Is Fermyon a funded company?
Fermyon is a funded company, having raised a total of $26M across 2 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Jun 21, 2022.
What does Fermyon do?
Fermyon was established in 2021 in Modesto, United States, as a provider in the cloud services sector. Operations are centered on delivering infrastructure solutions for developers and enterprises. Multiple co-founders, including Brian Hardock, Ivan Towlson, and others, contribute to leadership, with Matt Butcher serving as CEO. Services encompass cloud-based computing resources tailored for scalable applications, primarily operating within the U.S. geography.
Who are the top competitors of Fermyon?
Fermyon's top competitors include Crayon, Megazone Cloud and All Cloud.
Who are Fermyon's investors?
Fermyon has 12 investors. Key investors include Akamai, Insight Partners, Amplify Partners, Tyler McMullen, and Grant Miller.