# Syncplicity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/syncplicity

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.syncplicity.com
- Total disclosed funding: $1.9M
- Latest round: Series B (Oct 30, 2008)
- Investors on record: 1

## About

Syncplicity, LLC is a provider of hybrid file sharing and storage solutions, enabling organizations to securely access and collaborate on data across various devices, fostering productivity and compliance.Syncplicity, LLC, founded in 2007 in Santa Clara, US, specializes in hybrid file sharing solutions. Recently, in October 2022, Syncplicity was acquired by Triangle Digital Ventures from Axway. The company has received a total of 5 funding deals, with the latest being a Series B round in which they raised USD 1.850 mn, led by True Ventures, bringing the total amount raised to USD 1.850 mn and a current valuation of USD 7.418 mn. The CEOs of the company are John Eikenberry and Jordan Stolper.Syncplicity provides a robust hybrid file sharing and storage solution tailored for organizations needing secure data access and collaboration. The company’s core offerings include a platform that enables users to back up and access files from various devices, including smartphones and tablets, supporting mobile working for diverse professionals. Their services encompass granular permission management, rights management for sensitive content, and integrations with popular business tools such as Salesforce and Microsoft Office, targeting clientele ranging from automotive manufacturers to life sciences firms. Syncplicity’s services cater globally, with a focus on North America, Europe, and Asia, ensuring secure data sharing and compliance with regulations such as GDPR and HIPAA.Syncplicity operates on a subscription-based revenue model, offering tiered plans that provide access to core functionalities, enhanced features, and additional storage options. The pricing structure allows businesses to scale according to user numbers or data volume, focusing on B2B transactions. Their key offerings, including hybrid cloud storage and rights management solutions, are vital for revenue generation, supporting compliance and data security for clients across multiple sectors.Following the acquisition by Triangle Digital Ventures in October 2022, Syncplicity aims to enhance its presence in the private cloud market by investing in sales and marketing. The company is also exploring opportunities to expand into new markets, although specific regions and product launches have not been detailed. The recent funding will primarily support these growth initiatives, allowing Syncplicity to invest strategically in its future.

## Funding rounds

- Series B, Oct 30, 2008, $1.9M — True Ventures

## Investors

- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Series B
