About Synacor
Synacor is a Media & Entertainment company based in Buffalo (United States) founded in 1998, and was acquired by Centre Lane Partners in February 2021. Cloud-based federated identity management solutions are provided for OTT platforms. It operates in the Media & Entertainment and Technology sectors. Synacor has raised $26.27 million across 4 funding rounds from investors including North Atlantic Capital, Rand Capital and Mitsui Ventures. The company has 97 employees. Synacor has completed 5 acquisitions, including Carbyn, NimbleTV and Qumu. Its chief executive, as recorded, is Drake Harvey. Synacor offers products and services including Cloud ID and Zimbra. Its focus areas include Enterprise Infrastructure, Cybersecurity, IAM and Federated Identity Management. Its legal entity is Synacor, Inc. Its competitors include Entrust, NextRoll and TeleSign; 2 of its 3 listed competitors have raised funding.
Company details
Synacor was founded in 1998 and is headquartered in Buffalo, United States. Operations focus on the technology sector, where cloud-based federated identity management solutions are developed and delivered. A platform is supplied to over-the-top (OTT) solution providers, enabling content delivery to consumers across various devices. Services include identity verification and authorization for accessing online content, as well as MVPD discovery and authentication processes.
- Headquarters Buffalo, United States
- Employees 97
- Stage Acquired
- SectorsMedia & EntertainmentTechnology
- Website category Computers Electronics and Technology · Telecommunications
- Email••••••••
- Phone•••• ••••
- Website synacor.com
- Social LinkedIn X Facebook
- Acquired by Centre Lane Partners (Feb 2021)
- Legal Name Synacor, Inc.
- Annual Revenue$81.36 M (USD)-33as on Dec 31, 2020
- Net Profit-$11.56 M (USD)-28as on Dec 31, 2020
- EBITDA-$2.59 M (USD)-226as on Dec 31, 2020
- Total Equity Funding$26.27M (USD)
in 4 rounds
- Latest Funding Round$4.92M (USD), Post-IPO
Sep 2015
- InvestorsNorth Atlantic Capital
& 7 more
- Employee Count97
- Investments & AcquisitionsCarbyn
& 4 more
- Acquired byCentre Lane Partners
(Feb 2021)
Products & Services of Synacor
Synacor offers a comprehensive portfolio of products and services, including Cloud ID and Zimbra.
Enables secure frictionless logins for subscribers and services.
Provides business email and productivity tools for teams.
Funding Insights of Synacor
Synacor has successfully raised a total of $26.27M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $4.92 million completed in September 2015. 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 $26.27M
- Total Rounds 4
- Last Round Post-IPO — $4.92M
- First Round $4.6M
(Apr 2003)
- Investors Count 7
All 4 funding rounds of Synacor with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2015 | $4.92M | Post-IPO | – | – | – |
| Oct 2006 | $17M | Series C | – | – | |
| Jan 2004 | $4.67M | Series B | – | – | – |
| Apr 2003 | $4.6M | Series A | – | – | – |
8 investors in total: 8 institutional.
Investors in Synacor
Synacor has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include North Atlantic Capital, Rand Capital and Mitsui Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech-focused Venture debt firm providing debt finacing in the US and Europe | 1986 | northatlanticcapital.com | Portland, United States | |
| mitsuiventures.com | ||||
| crystalventure.com | ||||
Private equity investment firm | advantagecap.com | New Orleans, United States | ||
VC firm investing globally in early & expansion stage companies | waldenintl.com | San Francisco, United States | ||
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Early & Growth stage VC Firm investing primarily in the US | 1969 | randcapital.com | Buffalo, United States | |
Private equity and credit investments are managed by Centre Lane Partners. | centrelanepartners.com | New York, United States |
Investor details for Synacor
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People of Synacor
38 people are tracked at Synacor (17 in leadership, 21 in team); the tracked headcount is 97.
| Name | Role | Group |
|---|---|---|
Drake Harvey | CEO | Leadership |
Kelly Connors | HR Director | Leadership |
Marcus Teo | Chief Revenue Officer, Zimbra | Leadership |
David Gersh | Vp, Platform Operations & Engineering | Leadership |
Gautam Ramachandran | Sr. Director | Leadership |
Mike Peters | Midwest Advertising Director | Leadership |
Lisa Engelke | Executive Director, Client Solutions | Leadership |
Randy Callesto | Director Project Management, Technical Operations | Leadership |
Cinnamon Barnes, MBA | Vice President, World Wide Operations / Customer Success | Leadership |
Steve Miles | Director of Business Intelligence | Leadership |
Charles Simao | Sales Director | Leadership |
Ryan Stranahan | Senior Director Of Sales | Leadership |
Israel Pagan, Jr. | Americas Partner Marketing Manager | Leadership |
Andrew Attea | Director of Client Operations | Leadership |
Sourabh Deval | Sr. HR Business Partner | Leadership |
Lisa Huang | Senior Director, Client Solutions | Leadership |
Tony MacDonell | Engineering Director - CloudID: Consumer Identity Access Management (CIAM) | Leadership |
LaToya Williams | IT Helpdesk Technician | Team |
Jonathan Miller | Senior Developer | Team |
Kaitlin Gorman | Product Operations Manager | Team |
18 more people are available in the full profile.
Complete people profiles for Synacor
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Investments & Acquisitions by Synacor
Synacor has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Carbyn, NimbleTV and Qumu.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Live and on-demand video solutions for enterprise communication are provided. | qumu.com | San Bruno, United States | 1978 | Feb 2020 | •••• | |
Blog search engine and social advertising services are provided. | technorati.com | San Francisco, United States | 2002 | Feb 2016 | $3M | |
Enterprise collaboration software is offered with open source APIs. | zimbra.com | Palo Alto, United States | 2003 | Aug 2015 | $25M | |
Subscribed cable channels are accessed worldwide via any device. | nimbletv.com | New York, United States | 2010 | Jan 2015 | •••• | |
Mobile application development services are provided to various clients. | carbyn.com | London, Canada | 2010 | May 2012 | $1.1M |
Complete acquisition details for Synacor
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Timeline of Synacor
10 dated milestones of Synacor across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Synacor is founded.
- Funding First funding round of $4.6M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Carbyn.
- Acquisition Acquires NimbleTV.
- Acquisition Acquires Zimbra.
- Funding Latest funding round, Post-IPO, of $4.9M.
- Acquisition Acquires Technorati.
- Acquisition Acquires Qumu.
- Exit Acquired by Centre Lane Partners.
Competitors of Synacor
Synacor has 3 listed competitors in our database, 2 of them funded. They include Entrust, NextRoll and TeleSign.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| entrust.com | 1969 | Dallas, United States | 108 | Provider of digital identity management solutions | ||
| nextroll.com | 2006 | San Francisco, United States | $93.95M | 526 | Provider of data-driven marketing technology for B2B and D2C businesses | |
| telesign.com | 2005 | Los Angeles, United States | $78.4M | 192 | Cloud-based API for user verification and risk assessment is provided. |
Detailed competitors of Synacor
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Web traffic of Synacor
The website of Synacor (synacor.com) receives about 9.5K visits a month and ranks #1,687,213 among all websites worldwide, #7,083 in Telecommunications.
- Monthly visits9.5K
▼ 4.7% vs previous month
- Unique visitors2.2K
per month
- Global rank#1,687,213
among all websites
- Category rank#7,083
Computers Electronics and Technology · Telecommunications
- Bounce rate46%
- Pages per visit4.9
- Average visit1 min 54 sec
- DevicesDesktop 39% · Mobile 61%
Websites whose visitors overlap most with Synacor. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
teknision.com | teknision.com | 100% | – | ||
| whitehatsec.com | 77% | 3.3K | #3,554,604 | View details | |
| xora.com | 77% | View details | |||
| sugarcrm.com | 77% | 152.9K | #218,550 | View details | |
| tripwire.com | 77% | 119.5K | #387,091 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Synacor
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- 20 similar websites
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Top companies in Advertising & Marketing Tech
3 companies that operate in the same segment as Synacor (Advertising & Marketing Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered platform manages marketing creatives and customer journeys. | 1982 | San Jose, California, United States | USD 23.77 B | 30,710 | ||
Ad verification solutions are delivered for digital media campaigns. | 2008 | New York, New York, United States | USD 396.5 M | USD 748.29 M | 1,200 | |
Native advertising solutions are delivered via a cloud-based content platform. | 2006 | New York, New York, United States | USD 403.72 M | USD 1.3 B | 1,800 |
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Related news about Synacor
Complete news archive for Synacor
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Frequently Asked Questions about Synacor
Synacor was founded in 1998 and raised its 1st funding round 5 years after it was founded.
Synacor is headquartered in Buffalo, United States. It is registered at Buffalo, New York, United States.
Drake Harvey is the CEO of Synacor, as recorded in our data.
Synacor is a funded company, having raised a total of $26.27M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.6M, raised on Apr 2003.
Synacor has 97 employees.
Annual revenue of Synacor is $81.36M as on Dec 31, 2020.
Synacor was founded in 1998 and is headquartered in Buffalo, United States. Operations focus on the technology sector, where cloud-based federated identity management solutions are developed and delivered. A platform is supplied to over-the-top (OTT) solution providers, enabling content delivery to consumers across various devices. Services include identity verification and authorization for accessing online content, as well as MVPD discovery and authentication processes.
Synacor offers Cloud ID and Zimbra.
Synacor has 8 investors. Key investors include North Atlantic Capital, Rand Capital, Mitsui Ventures, Crystal Venture, and Advantage Capital.
Synacor operates through Synacor, Inc..