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. 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 1,530
- SectorsTechnologyBusiness Services Energy & Utilities Real Estate & Construction
- Website synapsense.com
- Social LinkedIn X Facebook
- Acquired by Vigilent (May 2023)
- Legal Name Panduit Corp.
- Total Equity Funding$40M (USD)
in 6 rounds
- Latest Funding Round$4M (USD), Debt – Conventional
Jul 2013
- InvestorsGE Capital
& 10 more
- Employee Count1,530
- Acquired by
Products & Services of SynapSense
SynapSense offers a comprehensive portfolio of products and services, including Vigilent System, Dynamic Control, and Monitoring.
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 $40M
- Total Rounds 6
- Last Round Debt – Conventional — $4M
- First Round $1M
(May 2007)
- Investors Count 9
All 6 funding rounds of SynapSense 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 |
|---|---|---|---|---|---|
| Jul 2013 | $4M | Debt – Conventional | – | – | |
| Jul 2011 | $16M | Series C | – | Crosslink Capital | |
| Sep 2010 | $5M | Series C | – | GE Capital | |
| Mar 2009 | $7M | Series B | – | Robert Bosch Venture Capital | |
| Sep 2007 | $11M | Series B | – | – | |
| May 2007 | $1M | Series A | – | – | – |
11 investors in total: 11 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in various sectors by Crosslink Capital. | – | crosslinkcapital.com | San Francisco, United States | |
Sustainable industrial innovation is supported through venture capital investments. | – | emerald.vc | Zurich, Switzerland | |
Venture capital is offered by Nth Power for energy innovation. | – | nthpower.com | San Francisco, United States | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Seed & early-stage micro VC firm investing in the US | – | draperfrontier.com | Los Angeles, United States | |
Venture capital firm investing in tech startups | – | bosch.ventures | Gerlingen, Germany | |
- | – | arventures.com | - | |
Private investment services are offered by Calibrium for clients. | – | clbrm.com | Zürich, Switzerland | |
Commercial aircraft and equipment leasing and lending services are provided. | 1932 | gecapital.com | United States | |
A platform specializing in data center peripherals for reliable IT infrastructure. | 1955 | panduit.com | Tinley Park, United States |
Investor details for SynapSense
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Timeline of SynapSense
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| signify.com | 1891 | Eindhoven, Netherlands | – | – | Signify is recognized as a global leader in lighting solutions. | |
| turntide.com | 2013 | Sunnyvale, United States | $534.75M | 112 | Provider of smart energy management solutions | |
| danfoss.com | 1933 | Nordborg, Denmark | $41.22M | 27,491 | Manufacturer of energy efficiency products | |
| landisgyr.com | 1896 | Zug, Switzerland | $1.03B | 996 | End-to-end energy management solutions are provided for utilities worldwide. | |
| tibber.com | 2016 | Stockholm, Sweden | $177M | 61 | Provider of solutions for energy monitoring for residential building | |
| span.io | 2014 | San Francisco, United States | $255.56M | – | Smart panels for home energy management are provided by Span.IO. | |
| powersecure.com | 1991 | Wake Forest, United States | – | 1,030 | Energy efficiency and smart grid management solutions | |
| osram.com | 1919 | Munich, Germany | – | 13 | Automotive lighting equipment is manufactured by Osram in Germany. | |
| nanoleaf.me | 2012 | Toronto, Canada | $2.9M | 94 | Energy-efficient smart lightbulbs are developed by Nanoleaf. |
Detailed competitors of SynapSense
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Latest news on Synapsense
Complete news archive for SynapSense
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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Similar companies to SynapSense
10 companies that operate in the same segment as SynapSense (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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Frequently Asked Questions about SynapSense
SynapSense was founded in 2006 and raised its 1st funding round 1 year after it was founded.
SynapSense is headquartered in Folsom, United States. It is registered at Folsom, California, United States.
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 A of $1M, raised on May 2007.
SynapSense has 1,530 employees.
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.
SynapSense's top competitors include Particle, Landis+Gyr and Turntide.
SynapSense offers Vigilent System, Dynamic Control, and Monitoring.
SynapSense has 11 investors. Key investors include GE Capital, Vigilent, Crosslink Capital, Emerald Technology Ventures, and Nth Power.
SynapSense operates through Panduit Corp..
Yes. SynapSense was acquired by Vigilent in May 2023.