Synadia Raises $25 Million Series B Funding to Meet Massive Demand for Multi-cloud and Edge Computing Driven by AI
Amount Raised
$25 Million
Round Type
Series B
Investors
Description
Synadia Communications, Inc. announced the closing of a $25 million Series B financing round led by Forgepoint Capital, with participation from existing investors and new investors Singtel Innov8, LDVP, and 5G Open Innovation Lab. The funding will be used to accelerate the development of NATS.io for edge AI and multi-cloud applications.
Quick answer
Synadia Communications raised $25 Million in a Series B round, dated February 22, 2024. Investors: 5 G Open Innovation Lab, Ldvp, Singtel Innov8 and Forgepoint Capital. Synadia Communications is based in San Mateo County, California, United States.
- How much did Synadia Communications raise?
- Synadia Communications raised $25 Million in a Series B round on February 22, 2024.
- Who invested in Synadia Communications?
- 5 G Open Innovation Lab, Ldvp, Singtel Innov8 and Forgepoint Capital are named as investors in this round.
- What does Synadia Communications do?
- Building the next generation of digital communications to unify cloud, edge and IoT.
- Where is Synadia Communications based and how big is it?
- Synadia Communications is based in San Mateo County, California, United States.
- Who are the decision-makers at Synadia Communications?
- Fundz holds 1 contact at Synadia Communications. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Messaging around the same time
Companies in the same sectors as Synadia Communications that raised within 45 days of this round, from Fundz verified event records.
- Manifold raised $15M (Series A) on April 4, 2024.
- Telness Tech raised $5.4M (Funding Round) on April 4, 2024.
- Agility Robotics raised $150M (Series B) on April 4, 2024.
- Vodex raised $2M (Seed) on April 3, 2024.
- Read AI raised $21M (Series A) on April 2, 2024.
- SambaNova raised $676M (Series D) on March 28, 2024.
Who to call at Synadia Communications, and when
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