Syndesis

Toronto, Canada Founded: 1987 • Age: 39 yrs Acquired By Subex
Service fulfillment and provisioning solutions for telecom operators are delivered.

About Syndesis

Syndesis is a Telecommunications company based in Toronto (Canada) founded in 1987 by John Foust, and was acquired by Subex in January 2007. Service fulfillment and provisioning solutions for telecom operators are delivered. Syndesis has raised $26.41 million across 1 funding round from investors including Subex and Clear Ventures. Syndesis has completed 1 acquisition, including CoManage. Syndesis offers products and services including Syntium and Syndesis Health Network. Its focus areas include Telecom, OSS & BSS and Operation Support System (OSS). Its competitors include Sigma Systems and Sandvine; 2 of its 2 listed competitors have raised funding.

Company details

Founded in 1987 in Toronto, Canada, operations in the telecom sector are focused on service fulfillment, assurance, and provisioning solutions. These enable carriers and service providers to automate communications services including IPTV and VoIP. The company was acquired by Subex Azure in 2007 to broaden product offerings in the OSS market.

  • Headquarters Toronto, Canada
  • Founders John Foust
  • Stage Acquired
  • Sectors
    Telecommunications
  • Website syndesis.com
  • Acquired by Subex (Jan 2007)
Operational Areas
Key Metrics
  • Total Equity Funding
    $26.41M (USD)

    in 1 rounds

  • Latest Funding Round
    $26.41M (USD), Series B

    Apr 2016

  • Investors
    Subex

    & 1 more

  • Investments & Acquisitions
  • Acquired by
    Subex

    (Jan 2007)

Products & Services of Syndesis

Syndesis offers a comprehensive portfolio of products and services, including Syntium and Syndesis Health Network.

Syntium
Data Platform

Provides secure centralized access to global real-world data sets.

Syndesis Health Network
Network Platform

Facilitates research collaboration among global healthcare organizations.

Funding Insights of Syndesis

Syndesis has successfully raised a total of $26.41M through 1 strategic funding round. The most recent funding activity was a Series B round of $26.41 million completed in April 2016. 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 $26.41M
  • Total Rounds 1
  • Last Round Series B β€” $26.41M
  • First Round $26.41M

    (Apr 2016)

  • Investors Count 1

All 1 funding rounds of Syndesis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2016$26.41MSeries B––
Valuation history

2 investors in total: 2 institutional.

Investors in Syndesis

Syndesis has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Subex and Clear Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Tech focused early stage VC firm investing in the US, Europe, Asia
clear.venturesPalo Alto, United States
Telecom business and operations support systems are provided.
1992subex.comBengaluru, India
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Investor details for Syndesis

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People of Syndesis

9 people are tracked at Syndesis (8 in leadership, 1 in team).

NameRoleGroup
John Foust
FounderLeadership
Carolina Fierro
Director of Latin America OperationsLeadership
Guru Sundararaman
Managing Director, CTO & CISOLeadership
Josh Sutton
Co-Founder & Chief Executive OfficerLeadership
Howard Coale
Chief Experience OfficerLeadership
Kamil Mehmood
Global Head: Data & Research PartnershipsLeadership
Ali Pinckney
Director of Business OperationsLeadership
Hans Godfrey
Chief Operating OfficerLeadership
Nilson Sebastian Herazo Padilla
Project ManagerTeam
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Complete people profiles for Syndesis

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Investments & Acquisitions by Syndesis

Syndesis has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CoManage.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Limited information available
comanage.netWexford, United States1998Aug 2005β€’β€’β€’β€’
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Complete acquisition details for Syndesis

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  • Exports

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Timeline of Syndesis

4 dated milestones of Syndesis across 29 years, from founding to its latest funding, stage changes and deals.

  1. Founded Syndesis is founded.
  2. Acquisition Acquires CoManage.
  3. Exit Acquired by Subex.
  4. Funding First funding round of $26.4M.

Competitors of Syndesis

Syndesis has 2 listed competitors in our database, 2 of them funded. They include Sigma Systems and Sandvine.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sigma-systems.com1996Toronto, Canada$21M
Product, order management, and network provisioning solutions are provided.
sandvine.com2001Waterloo, Canada$15M
Network policy control products are provided for broadband service providers.
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Detailed competitors of Syndesis

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Web traffic of Syndesis

The website of Syndesis (syndesis.com) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▲ 136% vs previous month

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Related news about Syndesis

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Frequently Asked Questions about Syndesis

Syndesis was founded in 1987 and raised its 1st funding round 29 years after it was founded.

Syndesis is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Syndesis is a funded company, having raised a total of $26.41M across 1 funding round to date. The company's 1st funding round was a Series B of $26.41M, raised on Apr 2016.

Founded in 1987 in Toronto, Canada, operations in the telecom sector are focused on service fulfillment, assurance, and provisioning solutions. These enable carriers and service providers to automate communications services including IPTV and VoIP. The company was acquired by Subex Azure in 2007 to broaden product offerings in the OSS market.

Syndesis's top competitors include Sandvine and Sigma Systems.

Syndesis offers Syntium and Syndesis Health Network.

Syndesis has made 1 acquisition, including CoManage.

Syndesis has 2 investors. Key investors include Subex, and Clear Ventures.

Yes. Syndesis was acquired by Subex in January 2007.

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