Section Overview
- Year Founded
-
2012

- Status
-
Private
- Employees
-
43

- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$12M
- Investors
-
20
Section General Information
Description
Developer of a cloud-native hosting system intended to optimize the orchestration of applications with a global infrastructure for optimal application delivery. The company's system intelligently and adaptively manages workloads around developer intent such as desired performance, cost or reliability, to ensure applications run at the right place and time, enabling developers to have control over their content delivery.
Contact Information
Website
www.section.io
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Software Development Applications
Media and Information Services (B2B)
Primary Office
- 2101 Pearl Street
- Boulder, CO 80302
- United States
+1 (720) 000-0000
Section Timeline
Section Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Later Stage VC (Series B) | 26-Apr-2021 | $12M | 000.00 | 0000 | Completed | Generating Revenue |
7. Secondary Transaction - Private | 000.00 | Completed | Generating Revenue | |||
6. Later Stage VC (Series A) | 23-Mar-2020 | 00.00 | 000.00 | 000.00 | Completed | Generating Revenue |
5. Later Stage VC (Series A) | 02-Jul-2018 | 00.00 | 00.000 | 000.00 | Completed | Generating Revenue |
4. Seed Round | 20-Mar-2017 | 00.000 | 00.000 | 00.000 | Completed | Generating Revenue |
3. Accelerator/Incubator | 18-Feb-2016 | 00000 | 00000 | Completed | Generating Revenue | |
2. Grant | 10-Aug-2015 | Completed | Generating Revenue | |||
1. Capitalization | 10-Aug-2015 | Completed | Generating Revenue |
Section Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 000 |
Series A Prime | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series A | 5,729,489 | $0.000100 | 6% | $0.97 | $0.97 | 1x | $0.97 | 14.91% |
Seed | 4,554,963 | $0.000100 | 6% | $0.62 | $0.62 | 1x | $0.62 | 11.85% |
Section Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of a cloud-native hosting system intended to optimize the orchestration of applications with a global infrastr
Business/Productivity Software
Boulder, CO
43
As of 2023
000.00
000
0000-00-00
00000000000
000.00
Section Competitors (17)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
KloudFuse | Venture Capital-Backed | Cupertino, CA | 00 | 000 | 000000000 | 000 |
0000 (000000000000 | Private Equity-Backed | Barcelona, Spain | 000 | 000.00 | 0000000 0000 | 000.00 |
0000000000 | Corporate Backed or Acquired | Singapore, Singapore | 000 | 000.00 | 000000&0 | |
00000000 | Formerly VC-backed | San Francisco, CA | 00 | 00.000 | 000000&0 | 00.000 |
0000000 | Formerly VC-backed | San Francisco, CA | 000 | 00000 | 000000&0 | 00000 |
Section Patents
Section Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20230291794-A1 | Systems, methods, and storage media for orchestrating a distributed global computing cluster model and interface | Pending | 14-Mar-2022 | 0000000000 | |
EP-4121856-A4 | Systems, methods, computing platforms, and storage media for administering a distributed edge computing system utilizing an adaptive edge engine | Pending | 20-Mar-2020 | 0000000000 | |
US-20210297355-A1 | Systems, methods, computing platforms, and storage media for administering a distributed edge computing system utilizing an adaptive edge engine | Active | 20-Mar-2020 | 0000000000 | |
EP-4121856-A1 | Systems, methods, computing platforms, and storage media for administering a distributed edge computing system utilizing an adaptive edge engine | Pending | 20-Mar-2020 | 0000000000 | |
US-11277344-B2 | Systems, methods, computing platforms, and storage media for administering a distributed edge computing system utilizing an adaptive edge engine | Active | 20-Mar-2020 | H04L47/125 |
Section Executive Team (9)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Gary Schofield | Chief Executive Officer | ||
Daniel Bartholomew | Co-Founder, CPO, Chief Technology Officer & Board Member | ||
Louis Cofini | Chief Revenue Officer |
Section Board Members (6)
Name | Representing | Role | Since |
---|---|---|---|
Daniel Bartholomew | Section | Co-Founder, CPO, Chief Technology Officer & Board Member | 000 0000 |
Ryan McIntyre | Self | Board Member | 000 0000 |
Section Signals
Section Investors (20)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Andreas Capital | Family Office | Minority | 000 0000 | 000000 0 | |
DVI Equity Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
Lumen Technologies | Corporation | Minority | 000 0000 | 000000 0 | |
Webscale Networks | Corporation | Minority | 000 0000 | 000000 0 | |
Chris Onan | Angel (individual) | Minority | 000 0000 | 000000 0 |