Meritage Funds

Meritage Funds is a Colorado-based private equity firm that focuses on growth and early-stage investments in technology-related companies with technology-enabled services and recurring revenue models. Founded in 1998 and based in the Denver area, the firm partners with entrepreneurs to scale businesses by providing capital and strategic guidance. It targets opportunities in information technology, communications, networking, and broader tech, aiming to support expansion and operational excellence. Meritage Funds emphasizes a collaborative approach, combining financial equity with hands-on guidance to help founders execute growth strategies, improve execution, and create long-term value.

Jim Allen

Operating Partner

Doug Holladay

Operating Partner

David Solomon

Co-Founder and Managing Director

Jack Tankersley

Founder and Managing Director

Past deals in Colorado

Faction

Series B in 2019
Faction Inc. is a Denver-based Infrastructure-as-a-Service (IaaS) cloud service provider, established in 2006. The company specializes in offering a range of cloud solutions, including private, public, and hybrid cloud environments, tailored to meet diverse client needs. Its product offerings encompass Private Cloud, Protected Cloud for business continuity, Reservations Cloud for disaster recovery, and White Label Cloud, which allows clients to create virtual machines for enterprise workloads. Additionally, Faction provides hybrid hosting solutions, managed services, colocation services, and advanced backup and disaster recovery options. The company’s infrastructure spans multiple data centers located in key U.S. cities and London, facilitating robust and interconnected cloud solutions for its customers. Faction aims to empower IT professionals with high-performance, customizable cloud capabilities, positioning itself as a leader in the evolving cloud computing landscape.

Faction

Series B in 2018
Faction Inc. is a Denver-based Infrastructure-as-a-Service (IaaS) cloud service provider, established in 2006. The company specializes in offering a range of cloud solutions, including private, public, and hybrid cloud environments, tailored to meet diverse client needs. Its product offerings encompass Private Cloud, Protected Cloud for business continuity, Reservations Cloud for disaster recovery, and White Label Cloud, which allows clients to create virtual machines for enterprise workloads. Additionally, Faction provides hybrid hosting solutions, managed services, colocation services, and advanced backup and disaster recovery options. The company’s infrastructure spans multiple data centers located in key U.S. cities and London, facilitating robust and interconnected cloud solutions for its customers. Faction aims to empower IT professionals with high-performance, customizable cloud capabilities, positioning itself as a leader in the evolving cloud computing landscape.

Faction

Series B in 2018
Faction Inc. is a Denver-based Infrastructure-as-a-Service (IaaS) cloud service provider, established in 2006. The company specializes in offering a range of cloud solutions, including private, public, and hybrid cloud environments, tailored to meet diverse client needs. Its product offerings encompass Private Cloud, Protected Cloud for business continuity, Reservations Cloud for disaster recovery, and White Label Cloud, which allows clients to create virtual machines for enterprise workloads. Additionally, Faction provides hybrid hosting solutions, managed services, colocation services, and advanced backup and disaster recovery options. The company’s infrastructure spans multiple data centers located in key U.S. cities and London, facilitating robust and interconnected cloud solutions for its customers. Faction aims to empower IT professionals with high-performance, customizable cloud capabilities, positioning itself as a leader in the evolving cloud computing landscape.

IP Commerce

Series A in 2016
IP Commerce is a privately held software company serving small and medium sized businesses (SMBs). Its flagship solution, Commerce Sync, simplifies accounting for thousands of SMBs, helping business owners realize valuable time savings, increased accuracy, and complete business visibility. The Company is headquartered in Denver, Colorado.

DatAvail

Series E in 2015
Datavail Corporation, established in 2001 and headquartered in Broomfield, Colorado, specializes in remote database management services. The company offers a range of solutions including design and architecture, administration, outsourcing, staff augmentation, monitoring, troubleshooting, backup, recovery, and incident management. Datavail aims to minimize downtime for businesses by providing comprehensive data and applications management services, enabling clients to focus on their core operations.

Faction

Series A in 2015
Faction Inc. is a Denver-based Infrastructure-as-a-Service (IaaS) cloud service provider, established in 2006. The company specializes in offering a range of cloud solutions, including private, public, and hybrid cloud environments, tailored to meet diverse client needs. Its product offerings encompass Private Cloud, Protected Cloud for business continuity, Reservations Cloud for disaster recovery, and White Label Cloud, which allows clients to create virtual machines for enterprise workloads. Additionally, Faction provides hybrid hosting solutions, managed services, colocation services, and advanced backup and disaster recovery options. The company’s infrastructure spans multiple data centers located in key U.S. cities and London, facilitating robust and interconnected cloud solutions for its customers. Faction aims to empower IT professionals with high-performance, customizable cloud capabilities, positioning itself as a leader in the evolving cloud computing landscape.

DatAvail

Series C in 2012
Datavail Corporation, established in 2001 and headquartered in Broomfield, Colorado, specializes in remote database management services. The company offers a range of solutions including design and architecture, administration, outsourcing, staff augmentation, monitoring, troubleshooting, backup, recovery, and incident management. Datavail aims to minimize downtime for businesses by providing comprehensive data and applications management services, enabling clients to focus on their core operations.

EdgeConneX

Series B in 2012
EdgeConneX specializes in infrastructure solutions for content delivery networks, service providers, and other digital businesses. It offers Edge Data Centers, Edge PoPs, and wireless small cell network solutions to optimize data delivery by placing facilities closer to end-users.

IP Commerce

Venture Round in 2011
IP Commerce is a privately held software company serving small and medium sized businesses (SMBs). Its flagship solution, Commerce Sync, simplifies accounting for thousands of SMBs, helping business owners realize valuable time savings, increased accuracy, and complete business visibility. The Company is headquartered in Denver, Colorado.

IP Commerce

Series C in 2008
IP Commerce is a privately held software company serving small and medium sized businesses (SMBs). Its flagship solution, Commerce Sync, simplifies accounting for thousands of SMBs, helping business owners realize valuable time savings, increased accuracy, and complete business visibility. The Company is headquartered in Denver, Colorado.

IP Commerce

Series B in 2007
IP Commerce is a privately held software company serving small and medium sized businesses (SMBs). Its flagship solution, Commerce Sync, simplifies accounting for thousands of SMBs, helping business owners realize valuable time savings, increased accuracy, and complete business visibility. The Company is headquartered in Denver, Colorado.

Ecrix

Venture Round in 2000
Ecrix is a company that specializes in developing data-storage tape products tailored for various computing systems and network configurations. Founded in 1996 by Juan Rodriguez and Kelly Beavers, Ecrix is headquartered in Boulder, Colorado. The company is known for its VXA technology, which features a mechanically simpler and more reliable design compared to traditional systems. This unique variable speed operation reduces stress on both the mechanism and the media, allowing clients to store data more reliably and cost-effectively. Ecrix was acquired by Exabyte Corporation in August 2001, further integrating its innovative solutions into a broader range of data storage applications.
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