Synadia - About the company
Synadia is a series B company based in Los Angeles (United States), founded in 2014 by Derek Collison. It operates as a Provider of a blockchain based connectivity solution for IoT. Synadia has raised $51M in funding from Accenture and ForgePoint Capital. The company has 140 active competitors, including 39 funded and 22 that have exited. Its top competitors include companies like DataStax, Confluent and Imply.
Company Details
Synadia provides a blockchain-based connectivity solution for the IoT. Offers a dial-tone for messaging between IoT programs, devices, or machines by combining NATS which is an open-source messaging system. Provides a decentralized identity, permissioning, and micropayment solution for messaging services. Is available in a subscription-based pricing model.
- Website
- www.synadia.com/
- Registered Address
- Los Angeles,California
Key Metrics
Founded Year
2014
Location
Los Angeles, United States
Stage
Series B
Total Funding
$51M in 2 rounds
Latest Funding Round
Ranked
14th among 140 active competitors
Employee Count
67 as on Mar 31, 2026
Legal entities associated with Synadia
Synadia is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Synadia Communications, Inc. CIN: 823480490 , United States, Active | Dec 31, 1999 | - | 35 (As on Dec 31, 2024) | - |
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Synadia's funding and investors
Synadia has raised a total funding of $51M over 2 rounds. Its first funding round was on Jul 09, 2020. Its latest funding round was a Series B round on Feb 22, 2024 for $*****. 4 investors participated in its latest round. Synadia has 7 institutional investors.
Here is the list of recent funding rounds of Synadia:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 22, 2024 | 4998741 | Series B | 3360088 | 8145754 | 9201553 | 5389593 |
Jul 09, 2020 | 3466217 | Seed | 2507369 | 6916930 | 2799697 |
View details of Synadia's funding rounds and investors
Synadia's founders and board of directors
Founder? Claim ProfileThe founders of Synadia is Derek Collison. Derek Collison is the CEO of Synadia.
Here are the details of Synadia's key team members:
- Derek Collison: Founder & CEO of Synadia and founder of 1 other company. They are also an angel investor in 1 startup.
View details of Synadia's Founder profiles and Board Members
Synadia's employee count trend
Synadia has 67 employees as of Mar 26. Here is Synadia's employee count trend over the years:
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Synadia's Competitors and alternates
Top competitors of Synadia include DataStax, Confluent and Imply. Here is the list of Top 10 competitors of Synadia, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | DataStax 2010, Santa Clara (United States), Acquired | Provider of data management and AI application development infrastructure solutions | $305M | 72/100 | |
2nd | Confluent 2014, Mountain View (United States), Acquired | Cloud based data streaming analytics and governance platform | $456M | 71/100 | |
3rd | Imply 2015, San Francisco (United States), Series D | Open Source Platform for Exploratory Analytics | $215M | 68/100 | |
4th | Incorta 2013, San Mateo (United States), Series D | AI-based business intelligence suite | $202M | 65/100 | |
5th | Hydrolix 2018, Portland (United States), Series C | Cloud-based data discovery and visualization solution provider | $145M | 65/100 | |
6th | Redpanda 2019, San Francisco (United States), Series D | Cloud based platform offering solutions for streaming events | $266M | 63/100 | |
7th | Axiom 2010, San Francisco (United States), Series B | Provider of observability and AI engineering platform for event data | $41.4M | 63/100 | |
8th | Striim 2012, Palo Alto (United States), Series C | Provider of real-time data integration and streaming platform for businesses | $108M | 62/100 | |
9th | Provider of event-driven integration platform for real-time data streaming and management | - | 60/100 | ||
10th | Lenses 2015, London (United Kingdom), Acquired | Enterprise DataOps Platform for Kafka | $10.4M | 60/100 | |
14th | Synadia 2014, Los Angeles (United States), Series B | Provider of a blockchain based connectivity solution for IoT | $51M | 55/100 |
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Synadia's Investments and acquisitions
Synadia has made no investments or acquisitions yet.
Reports related to Synadia
Here is the latest report on Synadia's sector:
News related to Synadia
•
Synadia Announces a 200% YoY Increase in Customer Adoption Across Synadia Platform and Synadia CloudBusiness Wire•Mar 18, 2025•Synadia
•
Synadia raises $25 Million Series B funding towards multi-cloud and edge computing, ETCIO SEATechCodex•Feb 23, 2024•Synadia, ForgePoint Capital, Singtel Innov8, LDV Partners and 3 others
•
The IoT Community Announces Synadia as a Gold-level Corporate Member in its Elite IoT EcosystemBusiness Wire•May 27, 2022•IoT Community, Synadia
•
California startups team with Germany's Synadia to launchZDNet•Mar 30, 2022•Synadia, BCware, BCC Group
•
Accenture makes a strategic investment in SynadiaSilicon Republic•Jul 13, 2020•Accenture, Synadia, NATS
•
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