Synacor

Buffalo, United States Founded: 1998 • Age: 28 yrs Acquired By Centre Lane Partners
Cloud-based federated identity management solutions are provided for OTT platforms.
Annual revenue $81.4M Latest available
Total funding $26.3M 4 rounds
Employees 97 Tracked headcount
Investors 8 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Synacor

Synacor is a company based in Buffalo (United States) founded in 1998 was acquired by Centre Lane Partners in February 2021. 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 as of December 31, 2022. Synacor has completed 5 acquisitions, including Carbyn, NimbleTV and Qumu. Synacor offers products and services including Cloud ID and Zimbra. Synacor operates in a competitive market with competitors including Entrust, Criteo, NextRoll, TeleSign and Unified, among others.

  • Headquarter Buffalo, United States
  • Employees 97 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Media & Entertainment
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Synacor, Inc.
Operational Areas
Media & Entertainment → Marketing, Advertising & Adtech Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $81.36 M (USD)
    -33
    as on Dec 31, 2020
  • Net Profit
    -$11.56 M (USD)
    -28
    as on Dec 31, 2020
  • EBITDA
    -$2.59 M (USD)
    -226
    as on Dec 31, 2020
  • Total Equity Funding
    $26.27 M (USD)

    in 4 rounds

  • Latest Funding Round
    $4.92 M (USD), Post-IPO

    Sep 14, 2015

  • Investors
  • Employee Count
    97

    as on Dec 31, 2022

  • Investments & Acquisitions
    Carbyn

    & 4 more

  • Acquired by
    Centre Lane Partners

    (Feb 11, 2021)

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Products & Services of Synacor

Synacor offers a comprehensive portfolio of products and services, including Cloud ID and Zimbra.

Product name locked
Category locked
Primary

Enables secure frictionless logins for subscribers and services.

Product name locked
Category locked
Locked

Provides business email and productivity tools for teams.

People of Synacor

Headcount 50-200
Employee Profiles 37
Employee Profiles
People
LaToya Williams
IT Helpdesk Technician
People
Kaitlin Gorman
Product Operations Manager
People
Chitranshu Hedau
Software Engineer
People
Aarti Shah
Senior Technical Support Manager

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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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Tech-focused Venture debt firm providing debt finacing in the US and Europe
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Investor details 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.

Investments
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Investment portfolio details for Synacor

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile application development services are provided to various clients.
Locked Locked 2010 Locked
Subscribed cable channels are accessed worldwide via any device.
Locked Locked 2010 Locked
Enterprise collaboration software is offered with open source APIs.
Locked Locked 2003 Locked
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Complete acquisition details for Synacor

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Financial Statements - Synacor

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Detailed financials for Synacor

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Synacor Comparisons

Synacor Primary company
Description
Cloud-based federated identity management solutions are prov...
Location
Buffalo, United States
Founded Year
1998
Annual Revenue
$81.36 M (USD)
Net Profit
-$11.56 M (USD)
EBITDA
-$2.59 M (USD)
Employees
97
As of 2022
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Peer comparison for Synacor

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Competitors of Synacor

Synacor 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 Entrust, Criteo, NextRoll, TeleSign and Unified, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of digital identity management solutions
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AI-driven ad campaigns are managed for personalization and optimization.
Locked Locked Locked
Provider of data-driven marketing technology for B2B and D2C businesses
Locked Locked Locked
Cloud-based API for user verification and risk assessment is provided.
Locked Locked Locked
Social media advertising services are delivered across digital platforms.
Locked Locked Locked
Audiences are connected to brands via cross-screen video advertising.
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Detailed competitors of Synacor

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Latest news on Synacor

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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 current CEO of Synacor.

Synacor is a funded company, having raised a total of $26.27M across 4 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Synacor is 97.

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's top competitors include Criteo, Signicat and Entrust.

Synacor offers Cloud ID and Zimbra.

Synacor has made 5 acquisitions, including Carbyn, NimbleTV, and Qumu.

Synacor has 8 investors. Key investors include North Atlantic Capital, Rand Capital, Mitsui Ventures, Crystal Venture, and Advantage Capital.

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