About SynapSense
SynapSense is a company based in Folsom (United States) founded in 2006 was acquired by Vigilent in May 2023.. SynapSense has raised $40 million across 6 funding rounds from investors including GE Capital, Vigilent and Crosslink Capital. The company has 1,530 employees as of December 31, 2022. SynapSense offers products and services including Vigilent System, Dynamic Control, and Monitoring. SynapSense operates in a competitive market with competitors including Particle, Signify, Turntide, Danfoss and Landis+Gyr, among others.
- Headquarter Folsom, United States
- Employees 1530 as on 31 Dec, 2022
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Sectors
TechnologyBusiness Services Energy & Utilities Real Estate & Construction
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Phone
*********
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Website
*********
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Social
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- Legal Name Panduit Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$40 M (USD)
in 6 rounds
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Latest Funding Round
$4 M (USD), Debt – Conventional
Jul 09, 2013
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Investors
GE Capital
& 10 more
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Employee Count
1530
as on Dec 31, 2022
- Acquired by
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Products & Services of SynapSense
SynapSense offers a comprehensive portfolio of products and services, including Vigilent System, Dynamic Control, and Monitoring. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for dynamic control and monitoring of facility environments
Tool for real-time adjustment of cooling systems in data centers
Service for tracking energy use and performance in commercial buildings
Funding Insights of SynapSense
SynapSense has successfully raised a total of $40M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4 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 6
- Last Round Debt – Conventional — $4.0M
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First Round
First Round
(03 May 2007)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2013 | Amount | Debt – Conventional - SynapSense | Valuation |
investors |
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| Jul, 2011 | Amount | Series C - SynapSense | Valuation | Crosslink Capital | |
| Sep, 2010 | Amount | Series C - SynapSense | Valuation | GE 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 SynapSense
SynapSense has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include GE Capital, Vigilent and Crosslink Capital. 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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Venture capital is invested in various sectors by Crosslink Capital.
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Founded Year | Domain | Location | |
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Sustainable industrial innovation is supported through venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital is offered by Nth Power for energy innovation.
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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 SynapSense
| 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 - SynapSense
| 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 |
Synapsense Comparisons
Competitors of SynapSense
SynapSense 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 Particle, Signify, Turntide, Danfoss and Landis+Gyr, 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 |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
Provider of smart energy management solutions
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| domain | founded_year | HQ Location |
Manufacturer of energy efficiency products
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Synapsense
Frequently Asked Questions about SynapSense
When was SynapSense founded?
SynapSense was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is SynapSense located?
SynapSense is headquartered in Folsom, United States. It is registered at Folsom, California, United States.
Is SynapSense a funded company?
SynapSense is a funded company, having raised a total of $40M across 6 funding rounds to date. The company's 1st funding round was a Series C of $5M, raised on May 03, 2007.
How many employees does SynapSense have?
As of Dec 31, 2022, the latest employee count at SynapSense is 1,530.
What does SynapSense do?
SynapSense was founded in 2006 and is based in Folsom, United States. Solutions for wireless cooling and asset monitoring in data centers are offered, utilizing secure wireless mesh networking technology. Energy costs are reduced and stranded capacity is unlocked through these systems, which also support asset and network management. Services are extended to sectors including banking, ISPhosting, retail, corporate, and government.
Who are the top competitors of SynapSense?
SynapSense's top competitors include Particle, Landis+Gyr and Turntide.
What products or services does SynapSense offer?
SynapSense offers Vigilent System, Dynamic Control, and Monitoring.
Who are SynapSense's investors?
SynapSense has 11 investors. Key investors include GE Capital, Vigilent, Crosslink Capital, Emerald Technology Ventures, and Nth Power.