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.
- Website
- synacor.com
- 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
54th among 260 active competitors
Annual Revenue
$81.4M as on Dec 31, 2020
Employee Count
97 as on Dec 31, 2022
Investment & Acquisitions
Exit Details
Acquired by Centre Lane Partners (Feb 11, 2021)
Legal entities associated with Synacor
Synacor is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Synacor, Inc. CIN: 161542712 , United States, Active | Nov 05, 2002 | - | 60 (As on Dec 31, 2024) | - |
SYNACOR, INC. CIN: 001t000000WoCddAAF , United States, Active | Oct 27, 2017 | - | - | - |
SYNACOR, INC. CIN: 1408278 , United States, Active | Nov 05, 2002 | $81.4M (As on Dec 31, 2020) | - | - |
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.
Click here to take a look at Synacor's acquisition in detail
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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:
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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 |
View details of Synacor's funding rounds and investors
Synacor's founders and board of directors
Founder? Claim ProfileSynacor'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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Teads 2011, United States, Acquired | Provider of omnichannel platform connecting advertisers and media content owners | $20.8M | 73/100 | |
2nd | Entrust 1969, Dallas (United States), Acquired | Provider of identity-centric security solutions, including issuance and data protection | - | 71/100 | |
3rd | Provider of digital identity verification | $330M | 68/100 | ||
4th | ID Dataweb 2011, Washington, DC (United States), Series B | Cloud-based managed identity and attribute verification solution | $20.1M | 66/100 | |
5th | AuthMind 2020, Maryland Heights (United States), Seed | Provider of identity security platform for human and non-human identities | $29.2M | 64/100 | |
6th | Solutions for identity verification | $2.7M | 64/100 | ||
7th | TeleSign 2005, Los Angeles (United States), Acquired | Cloud based API for user verification | $78.4M | 62/100 | |
8th | Incode 2015, San Francisco (United States), Series B | Provider of AI-powered identity verification and fraud prevention solutions | $260M | 60/100 | |
9th | Digidentity 2008, The Hague (Netherlands), Acquired | Digital certificates for website authentication and authorization | - | 60/100 | |
10th | Lumos 2020, San Francisco (United States), Series B | Provider of an autonomous identity platform for access and lifecycle management | $65M | 59/100 | |
54th | Synacor 1998, Buffalo (United States), Acquired | Cloud-based federated identity management solutions | $26.3M | 38/100 |
Looking for more details on Synacor's competitors? Click here to see the top ones
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:
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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) |
See all acquisitions by Synacor
Reports related to Synacor
Here is the latest report on Synacor's sector:
News related to Synacor
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Synacor Partners With MDI Novare To Expand Cloud ID™ Deployments In The PhilippinesGlobeNewswire•Apr 30, 2024•Synacor, MDI
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Synacor Launches New Product to Help Streamers Enter the Passwordless EraTV Tech•Sep 21, 2023•Synacor, Cloud ID
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Synacor scores Cloud ID deal with US soccer leagueLight Reading•Aug 09, 2023•Synacor, Peacock, Paramount Plus, ESPN Network and 2 others
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Altitude Sports IDs, Authenticates Subscribers With Synacor PlatformTV Tech•Apr 27, 2023•Altitude, Synacor
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Altitude Sports taps Synacor's 'Cloud ID' to streamline streaming accessLight Reading•Apr 27, 2023•Altitude Sports, Synacor
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Synacor might split out its Cloud ID and Zimbra businesses, CEO saysLight Reading•Dec 19, 2022•Synacor
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