# Synos Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/synos-technology

- Industry: Semiconductors
- Headquarters: Fremont, US
- Website: www.synos.com
- Total disclosed funding: $5M
- Latest round: Series A (Jun 7, 2012)
- Investors on record: 1

## About

Synos Technology, Inc. specializes in providing innovative software solutions that enhance operational efficiency and optimize user experiences for businesses across various sectors.Founded in 2008 in Fremont, US, Synos Technology, Inc. focuses on delivering software solutions aimed at streamlining business processes and enhancing data management. The company has undergone a significant change, being acquired by Veeco Instruments in October 2013 for USD 70.00 mn.Synos Technology, Inc. specializes in delivering innovative solutions designed to enhance operational efficiency and optimize user experiences across various sectors. The company's core product offerings include a suite of software tools aimed at streamlining business processes, facilitating data management, and improving communication flows. These solutions address specific challenges faced by enterprises, such as data silos, inefficient workflows, and fragmented customer interactions. End users of Synos Technology, Inc.’s products primarily consist of small to medium-sized businesses and larger corporations spanning industries like technology, finance, and healthcare. The company actively markets its products in North American and European markets, aiming to cater to the diverse needs of its clientele through tailored software functionalities.Synos Technology, Inc. generates revenue through a structured model that includes subscription services, B2B partnerships, and direct sales to consumers. Clients engage with the company through various pricing plans that are designed to fit different organizational needs, with flagship products being the focal point of their offerings. The subscription model allows clients to access software solutions on a recurring basis, ensuring continuous updates and support. Additionally, the company may engage retailers as intermediaries to distribute its products, further enhancing its market reach. Specific pricing details for the products and services are structured to provide flexibility for users while ensuring a steady revenue stream for the company.Following the acquisition by Veeco Instruments in October 2013, Synos Technology, Inc. is expected to leverage the resources of its parent company to develop new products and enhance its existing software offerings. Although specific new product launches have not been detailed, the company aims to expand its reach into new markets in North America and Europe. The funding from the acquisition, amounting to USD 70.00 mn, will facilitate these initiatives and support the development of innovative software solutions tailored to the needs of various industries.

## Funding rounds

- Series A, Jun 7, 2012, $5M — Samsung Venture Investment

## Investors

- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series A