About Synadia
Synadia is a company based in Los Angeles (United States) founded in 2014. Synadia has raised $25 million across 2 funding rounds from investors including Accenture, Singtel Innov8 and Forgepoint Capital. Synadia offers products and services including Synadia Cloud and Synadia Platform. Synadia operates in a competitive market with competitors including IoTeX, Quantoz, Devvio, Taraxa and Nitro Network, among others.
- Headquarter Los Angeles, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Synadia Communications, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$25 M (USD)
in 2 rounds
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Latest Funding Round
$25 M (USD), Series B
Feb 22, 2024
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Investors
Accenture
& 4 more
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Employee Count
Not available
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Products & Services of Synadia
Synadia offers a comprehensive portfolio of products and services, including Synadia Cloud and Synadia Platform.
Fully managed service for global NATS connectivity and deployment.
Enterprise-ready tools for NATS with operational support.
People of Synadia
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Funding Insights of Synadia
Synadia has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in February 2024. 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 Synadia
Synadia has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Accenture, Singtel Innov8 and Forgepoint Capital.
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Investments are directed toward early-stage cybersecurity startups.
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Venture capital investments are backed by Singtel through Innov8.
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Early & Late stage tech-focused VC firm investing in geographies such as the US
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Investor details for Synadia
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Investments & Acquisitions by Synadia
Investment portfolio details for Synadia
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Financial Statements - Synadia
Detailed financials for Synadia
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Synadia Comparisons
Peer comparison for Synadia
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Competitors of Synadia
Synadia 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 IoTeX, Quantoz, Devvio, Taraxa and Nitro Network, among others.
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Blockchain-based connectivity for IoT applications is facilitated.
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Blockchain-based software tools and applications.
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Blockchain and AI-based protocol for IoT connectivity is provided.
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A blockchain platform for IoT applications is provided by Taraxa.
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Provider of a decentralized private communication network
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Detailed competitors of Synadia
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Latest news on Synadia
Complete news archive for Synadia
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Frequently Asked Questions about Synadia
Synadia was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Synadia is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Synadia is a funded company, having raised a total of $25M across 2 funding rounds to date.
Synadia was founded in 2014 and is based in Los Angeles, United States. Operations focus on the IoT and blockchain sectors. A connectivity solution utilizing blockchain technology is offered for IoT devices and applications. The open-source NATS messaging system is integrated to facilitate communication between machines, programs, or devices. Decentralized identity management, permission controls, and micropayments are incorporated into messaging services. Availability is structured around a subscription pricing model.
Synadia offers Synadia Cloud and Synadia Platform.
Synadia has 5 investors. Key investors include Accenture, Singtel Innov8, Forgepoint Capital, LDV Partners, and 5G Open Innovation Lab.