Synacor, Inc. Asset Profile

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Year established

1998

Location

Buffalo NY US

Primary Industry

Software

About

Founded in 1998 and based in New York, US, Synacor, Inc. is a technology company that provides multiplatform services for internet firm providers and software technology businesses. The company serves its clients through its different affiliated companies such as NTV Internet Holdings, LLC, Sync Holdings, LLC, and Zimbra Software, LLC across its business offices in Boston, Dallas, London, Ottawa, Pune, Singapore, and Tokyo. In 2003, Access Technology Partners, Crystal Ventures, Intel Capital, Rand Capital and Walden International completed a USD 6.50 million financing in the company. Synacor, Inc. raised an undisclosed amount from its returning investors in 2005. In 2006, the company raised USD 17 million in Series C funding led by a new investor North Atlantic Capital with the help of its returning investors. The company offers a wide range of technology innovation solutions including advertising solutions, creative video maker, and monetization for products in different smart devices. Synacor, Inc. also offers browser-based solutions for start-up pages, cloud-based ID solutions, identity management and single sign-on to protect data and information, and lastly, the professional services the company has offered, where it helps its clients in managing expertise, innovations, and maximizing the value of the product that they offer in the market. The firm provides its services to internet solutions providers, telecommunications, cable operators, electronics manufacturers and content networks industries. Synacor, Inc. generates its revenue by monetizing, leverage consumer insight data solutions, and search and display ads on different pages, as well as strategic partnerships with well-known advertising, software and technology companies around the local and international market.

Current Investors

Centre Lane Partners, Advantage Capital Partners, Walden Catalyst

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Primary Industry

Software

Sub Industries

Customer Relationship Management

Website

www.synacor.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Deals

Deals Type
Public to Private, Secondary Buyout

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Synacor, Inc.	11 Feb 2021

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