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Synadia Raises $25 Million Series B Funding to Meet Massive Demand for Multi-cloud and Edge Computing Driven by AI

PRIVATEFeb 22, 2024

Amount Raised

$25 Million

Round Type

Series B

San Mateo CountyHardwareSoftwareMessagingSoftware Development

Investors

5 G Open Innovation LabLdvpSingtel Innov8Forgepoint Capital

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

A new round usually means Synadia Communications is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Synadia Communications raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Synadia Communications

Location

San Mateo County, California, United States

About

Building the next generation of digital communications to unify cloud, edge and IoT.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Synadia Communications raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.