# Synadia Communications

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/synadia-communications

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.synadia.com
- Total disclosed funding: $31M
- Latest round: Series B (Feb 22, 2024)
- Investors on record: 9

## About

Based in California, US, and founded in 2017 by CEO Derek Collison, Synadia Communications Inc., a.k.a. Synadia operates as a software company that develops NATS.io, an open-source messaging system designed for modern distributed systems, creating advanced connectivity solutions. In February 2024, Synadia Communications, Inc. raised USD 25 million in a Series B funding led by Forgepoint Capital, with participation from BOLD Capital Partners, True Ventures, Singtel Innov8, Accenture Technology Ventures, Samsung NEXT Ventures, LDV Management, NALA Investments, and 5G Open Innovation Lab. The series B funding values Synadia Communications, Inc. at USD 100.96 million post-money.

Synadia offers a platform that integrates NATS.io with enterprise-grade features. The platform can be deployed either as a managed service or self-hosted. The platform provides secure access to services and data, supports integration with OIDC-compliant identity providers, and leverages multi-tenancy and precise access policies. The platform allows users to create and manage data stores, mirror data across regions, and observe stream and consumer statistics. The platform also includes real-time system inspection, metrics analysis, and custom alerting.

The company plans to use its proceeds from February 2024 funding to support the development of its platform.

## Funding rounds

- Series B, Feb 22, 2024, $25M — True Ventures, Singtel Innov8, NALA Investments, Accenture Technology Ventures, Forgepoint, BOLD Capital Partners, LDV Management, Samsung NEXT Ventures, 5G Open Innovation Lab
- Seed, Apr 20, 2018, $4.6M — True Ventures
- Seed, Feb 22, 2018, $1.3M — BOLD Capital Partners

## Investors

- BOLD Capital Partners (https://capitalatlas.ai/funds/bold-capital-partners) — Seed, Series B
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed, Series B
- Singtel Innov8 (https://capitalatlas.ai/funds/singtel-innov8) — Series B
- NALA Investments — Series B
- Accenture Technology Ventures (https://capitalatlas.ai/funds/accenture-technology-ventures) — Series B
- Forgepoint (https://capitalatlas.ai/funds/forgepoint) — Series B
- LDV Management (https://capitalatlas.ai/funds/ldv-management) — Series B
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series B
- 5G Open Innovation Lab (https://capitalatlas.ai/funds/5g-open-innovation-lab) — Series B