Fermyon

Modesto, United States Founded: 2021 • Age: 5 yrs Acquired By Akamai
Cloud services are provided by Fermyon for computational needs.
Annual revenue - Latest available
Total funding $26.0M 2 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $26 M (USD)

    in 2 rounds

  • Latest Funding Round
    $20 M (USD), Series A

    Oct 24, 2022

  • Investors
    Akamai

    & 11 more

  • Employee Count
    Not available
  • Acquired by
    Akamai

    (Dec 01, 2025)

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People of Fermyon

Headcount 10-50
Employee Profiles 18
Board Members and Advisors 1
Employee Profiles
People
Thorsten Hans
Senior Cloud Advocate
People
Caleb Schoepp
Software Engineer
People
Adam Reynolds
Head of Human Performance
People
Kate Goldenring
Senior Software Engineer

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Board Members and Advisors
people
Tim Enwall
Chairman

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment firm scaling software and technology companies from early to late stages.
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Technical founders are supported through early-stage venture capital investments.
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Provider of cloud and AI based CDN management software
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Investor details for Fermyon

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Fermyon

Investments
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Investment portfolio details for Fermyon

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Fermyon

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Detailed financials for Fermyon

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Fermyon Comparisons

Fermyon Primary company
Description
Cloud services are provided by Fermyon for computational nee...
Location
Modesto, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Fermyon

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  • Named peers
  • Headcount comparison
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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.

Company Name Domain Founded year HQ Location Description
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Public cloud workload management tools and services are provided.
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Crayon is involved in unspecified business activities.
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AWS cloud services are provided, including consulting, deployment, and management.
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Services for the development and support of cloud-based applications
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Cloud services in PaaS, SaaS, and IaaS are provided.
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Cloud-based virtual classroom platform for enterprises
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Detailed competitors of Fermyon

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  • Domains and locations
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Latest news on Fermyon

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Complete news archive for Fermyon

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Fermyon

Fermyon was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Fermyon is headquartered in Modesto, United States. It is registered at Modesto, California, United States.

Matt Butcher is the current CEO of Fermyon.

Fermyon is a funded company, having raised a total of $26M across 2 funding rounds to date.

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.

Fermyon's top competitors include Crayon, Megazone Cloud and All Cloud.

Fermyon has 12 investors. Key investors include Akamai, Insight Partners, Amplify Partners, Tyler McMullen, and Grant Miller.

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