About Symplified
Symplified is a company based in Boulder (United States) founded in 2006 was acquired by RSA in July 2014.. Symplified has raised $43.01 million across 5 funding rounds from investors including RSA Security, Quest Software and Granite Ventures. The company has 3 employees as of December 31, 2022. Symplified operates in a competitive market with competitors including WorkOS, Systancia, Edge App, Lumos and SSH Communications Security, among others.
- Headquarter Boulder, United States
- Employees 3 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Symplified, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$43.01 M (USD)
in 5 rounds
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Latest Funding Round
$6.52 M (USD), Series B
Jul 09, 2013
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Investors
RSA Security
& 3 more
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Employee Count
3
as on Dec 31, 2022
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Acquired by
RSA
(Jul 14, 2014)
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Funding Insights of Symplified
Symplified has successfully raised a total of $43.01M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $6.52 million completed in July 2013. 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 5
- Last Round Series B — $6.5M
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First Round
First Round
(01 Jan 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2013 | Amount | Series B - Symplified | Valuation |
investors |
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| Apr, 2012 | Amount | Series B - Symplified | Valuation |
investors |
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| Aug, 2010 | Amount | Series B - Symplified | Valuation | Granite Ventures , AllegisCyber Capital |
| 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 Symplified
Symplified has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include RSA Security, Quest Software and Granite Ventures. 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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Early-stage US tech companies are invested in by the firm.
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Founded Year | Domain | Location | |
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Cybersecurity investments are made in US seed-to-growth stage firms.
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Founded Year | Domain | Location | |
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Cloud-based software for IT infrastructure monitoring is provided.
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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 Symplified
| 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 - Symplified
| 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 |
Symplified Comparisons
Competitors of Symplified
Symplified 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 WorkOS, Systancia, Edge App, Lumos and SSH Communications Security, 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 |
Cloud-based secure access control solutions are delivered via APIs.
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| domain | founded_year | HQ Location |
Desktop virtualization and healthcare solutions are provided by Systancia.
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| domain | founded_year | HQ Location |
Cryptocurrencies are stored and traded via a blockchain-based mobile wallet.
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| domain | founded_year | HQ Location |
Federated identity management solutions are provided for various industries.
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| domain | founded_year | HQ Location |
SSH-based solutions for privileged identity management are offered.
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| domain | founded_year | HQ Location |
Automated, secretless workload identity and access management is provided.
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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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Frequently Asked Questions about Symplified
When was Symplified founded?
Symplified was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Symplified located?
Symplified is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Is Symplified a funded company?
Symplified is a funded company, having raised a total of $43.01M across 5 funding rounds to date. The company's 1st funding round was a Series B of $9.2M, raised on Jan 01, 2008.
How many employees does Symplified have?
As of Dec 31, 2022, the latest employee count at Symplified is 3.
What does Symplified do?
Symplified was founded in 2006 in Boulder, United States, within the cloud computing sector. Identity and access management services are offered to enterprises, enabling user access to applications through single sign-on. Visibility and control over usage are maintained, alongside compliance with security standards. Key features include directory integration, centralized provisioning, strong authentication, mobile device support, and various deployment options.
Who are the top competitors of Symplified?
Who are Symplified's investors?
Symplified has 4 investors. Key investors include RSA Security, Quest Software, Granite Ventures, and AllegisCyber Capital.
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