# Sync Computing

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sync-computing

- Industry: Software
- Headquarters: Cambridge, US
- Website: www.synccomputing.com
- Total disclosed funding: $23M
- Latest round: Series A (Jun 16, 2022)
- Investors on record: 4

## About

Based in Massachusetts, US, and founded in 2019, Sync Computing Corp. spun out of MIT Lincoln Laboratory and is a deep tech, cloud infrastructure optimization company. In June 2022, Sync Computing Corp. raised USD 16.91 million in Series A funding led by new investor Costanoa Ventures, with participation from returning investors Moore Strategic Ventures, National Grid Ventures, and The Engine. Individual investors also participated in the round. The round was part of a larger USD 15.5 million debt and equity funding.  The firm is led by co-founder and CEO, Jeff Chou. 

The company's offers an optimization processing unit designed to transform the way developers navigate cloud infrastructure. Th optimization processing unit is an algorithm in hardware form and solves combinatorial optimization problems that exist in industries such as telecom, pharma, finance, and logistics, and those that rely on machine learning, enabling organizations and communities to solve optimization problems effectively and efficiently. It also offer Sync Autotuner for Apache Spark (Autotuner API) which was initially launched as a self-serve product for Amazon EMR and Databricks on AWS infrastructure - it estimates cost and runtime and uses logs with no code changes.

## Funding rounds

- Series A, Jun 16, 2022, $17M — Costanoa Ventures, Engine Ventures, Moore Strategic Ventures, National Grid Partners
- Seed, Jan 25, 2022, $6.1M — Engine Ventures, Moore Strategic Ventures, National Grid Partners

## Investors

- Engine Ventures (https://capitalatlas.ai/funds/engine-ventures) — Seed, Series A
- Moore Strategic Ventures (https://capitalatlas.ai/funds/moore-strategic-ventures) — Seed, Series A
- National Grid Partners (https://capitalatlas.ai/funds/national-grid-partners) — Seed, Series A
- Costanoa Ventures (https://capitalatlas.ai/funds/costanoa-ventures) — Series A