Sync (Business/Productivity Software) Overview
- Year Founded
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2019
- Status
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Private
- Employees
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23
- Latest Deal Type
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Early Stage VC
- Investors
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12
Sync (Business/Productivity Software) General Information
Description
Developer of an optimization processing unit designed to transform how developers navigate cloud infrastructure. The company's unit is an algorithm in hardware form and solves combinatorial optimization problems that exist in industries such as telecom, pharma, finance, and logistics, which rely on machine learning, enabling developers to solve optimization problems effectively and efficiently and to accelerate cloud computing.
Contact Information
Website
www.synccomputing.comCorporate Office
- 501 Massachusetts Avenue
- 4th Floor
- Cambridge, MA 02139
- United States
Corporate Office
- 501 Massachusetts Avenue
- 4th Floor
- Cambridge, MA 02139
- United States
Sync (Business/Productivity Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Early Stage VC | Completed | Generating Revenue | ||||
| 5. Accelerator/Incubator | 30-Jun-2024 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 16-Aug-2022 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A1) | 25-Jan-2022 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2020 | $1.3M | Completed | Startup | ||
| 1. Seed Round | 27-Nov-2019 | $1.3M | $1.3M | Completed | Startup |
Sync (Business/Productivity Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | ||||||||
| Series A-1 | ||||||||
| Seed | 4,966,886 | $0.000100 | 8% | $0.3 | $0.3 | 1x | $0.3 | 13.33% |
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Opportunity Score
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Exit Type
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Sync (Business/Productivity Software) Comparisons
Industry
Financing
Details
Sync (Business/Productivity Software) Competitors (4)
One of Sync (Business/Productivity Software)’s 4 competitors is Virtana, a Venture Capital-Backed company based in Palo Alto, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Virtana | Venture Capital-Backed | Palo Alto, CA | ||||
| Centilytics | Corporation | Wilmington, DE | ||||
| Spot (Systems and Information Management) | Private Equity-Backed | San Jose, CA | ||||
| Zesty | Venture Capital-Backed | Tel Aviv, Israel |
Sync (Business/Productivity Software) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Sync (Business/Productivity Software) Patents
Sync (Business/Productivity Software) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250335262-A1 | System to optimize the instance size and cluster size for jobs running on distributed computing clusters | Pending | 26-Apr-2024 | ||
| WO-2022266263-A1 | Allocating of computing resources for applications | Inactive | 17-Jun-2021 | ||
| WO-2022026549-A1 | Optimization processing unit utilizing digital oscillators | Inactive | 29-Jul-2020 | G06F17/12 |
Sync (Business/Productivity Software) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Sync (Business/Productivity Software) Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| MIT Startup Exchange | Accelerator/Incubator | |||
| Costanoa Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
Sync (Business/Productivity Software) FAQs
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When was Sync (Business/Productivity Software) founded?
Sync (Business/Productivity Software) was founded in 2019.
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Where is Sync (Business/Productivity Software) headquartered?
Sync (Business/Productivity Software) is headquartered in Cambridge, MA.
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What is the size of Sync (Business/Productivity Software)?
Sync (Business/Productivity Software) has 23 total employees.
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What industry is Sync (Business/Productivity Software) in?
Sync (Business/Productivity Software)’s primary industry is Application Specific Semiconductors.
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Is Sync (Business/Productivity Software) a private or public company?
Sync (Business/Productivity Software) is a Private company.
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What is Sync (Business/Productivity Software)’s current revenue?
The current revenue for Sync (Business/Productivity Software) is .
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How much funding has Sync (Business/Productivity Software) raised over time?
Sync (Business/Productivity Software) has raised $22.9M.
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Who are Sync (Business/Productivity Software)’s investors?
MIT Startup Exchange, Costanoa Ventures, , , and are 5 of 12 investors who have invested in Sync (Business/Productivity Software).
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Who are Sync (Business/Productivity Software)’s competitors?
Virtana, Centilytics, Spot (Systems and Information Management), and Zesty are competitors of Sync (Business/Productivity Software).
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