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Synacor - About the company

Synacor is an acquired company based in Buffalo (United States), founded in 1998. It operates as a Cloud-based federated identity management solutions. Synacor has raised $26.3M in funding, with last known valuation of $*****. The company has 260 active competitors, including 45 funded and 17 that have exited. Its top competitors include companies like Teads, Entrust and Advance.

Company Details

Cloud-based federated identity management solutions. It provides a cloud-based platform to OTT solution provider for the delivery of relevant content to the consumers across all devices. Its cloud-based identity management platform, provides identity and authorizes customers to access online content and MVPD discovery and authentication.
Social
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Email ID
*****@synacor.com
Phone Number
+1 **********
Key Metrics
Founded Year
1998
Location
Buffalo, United States
Stage
Acquired
Total Funding
$26.3M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Feb 11, 2021
Investors
Ranked
Annual Revenue
$81.4M as on Dec 31, 2020
Employee Count
97 as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Centre Lane Partners (Feb 11, 2021)

Synacor's acquisition details

Synacor got acquired by Centre Lane Partners on Feb 11, 2021 at an acquisition amount of $92M. It was facilitated by Canaccord Genuity Group, Thompson Hine and Gunderson Dettmer.
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Synacor's funding and investors

Synacor has raised a total funding of $26.3M over 4 rounds. Its first funding round was on Apr 03, 2003. Synacor has 10 institutional investors.

Here is the list of recent funding rounds of Synacor:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 14, 2015
7329932
Post IPO
2197772
4868301
3426687
2234691
Oct 24, 2006
4046325
Series C
1757641
8381616
3206476
Jan 02, 2004
9772430
Series B
6928540
8654075
9856253
8971680
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Synacor's founders and board of directors

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Synacor's employee count trend

Synacor has 97 employees as of Dec 22. The total employee count is 47.0% lower than what it was in Dec 21. Here is Synacor's employee count trend over the years:
Employee count trend for Synacor
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Synacor's Competitors and alternates

Top competitors of Synacor include Teads, Entrust and Advance. Here is the list of Top 10 competitors of Synacor, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Teads
Teads
2011, United States, Acquired
Provider of omnichannel platform connecting advertisers and media content owners
$20.8M
73/100
2nd
Logo for Entrust
Entrust
1969, Dallas (United States), Acquired
Provider of identity-centric security solutions, including issuance and data protection
-
71/100
3rd
Logo for Advance
Advance
2016, Singapore (Singapore), Series D
Provider of digital identity verification
$330M
68/100
4th
Logo for ID Dataweb
ID Dataweb
2011, Washington, DC (United States), Series B
Cloud-based managed identity and attribute verification solution
$20.1M
66/100
5th
Logo for AuthMind
AuthMind
2020, Maryland Heights (United States), Seed
Provider of identity security platform for human and non-human identities
$29.2M
64/100
6th
Logo for Nect
Nect
2017, Hamburg (Germany), Series B
Solutions for identity verification
$2.7M
64/100
7th
Logo for TeleSign
TeleSign
2005, Los Angeles (United States), Acquired
Cloud based API for user verification
$78.4M
62/100
8th
Logo for Incode
Incode
2015, San Francisco (United States), Series B
Provider of AI-powered identity verification and fraud prevention solutions
$260M
60/100
9th
Logo for Digidentity
Digidentity
2008, The Hague (Netherlands), Acquired
Digital certificates for website authentication and authorization
-
60/100
10th
Logo for Lumos
Lumos
2020, San Francisco (United States), Series B
Provider of an autonomous identity platform for access and lifecycle management
$65M
59/100
54th
Logo for Synacor
Synacor
1998, Buffalo (United States), Acquired
Cloud-based federated identity management solutions
$26.3M
38/100
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Synacor's Investments and acquisitions

Synacor has not made any investments yet. Synacor has made 5 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 19, 2016
Acquisition
2002
San Francisco (United States)
Aug 18, 2015
Acquisition
2003
Palo Alto (United States)
Jan 14, 2015
Acquisition
2010
New York City (United States)
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Reports related to Synacor

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News related to Synacor

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