SugarSync Overview
- Year Founded
-
2004
- Status
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Acquired/Merged
- Latest Deal Type
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M&A
SugarSync General Information
Description
Developer of cloud synchronization software designed for data backup and file sharing. The company's platform enables multi-folder synchronization across unlimited devices without reorganizing local structures, providing residents with automatic background backups, file versioning recovery, and secure administrative controls for remote data management.
Contact Information
Website
www1.sugarsync.com(Operating Subsidiary)
Corporate Office
- 360 Park Ave South
- 17th Floor
- New York, NY 10010
- United States
Corporate Office
- 360 Park Ave South
- 17th Floor
- New York, NY 10010
- United States
SugarSync Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Merger/Acquisition | 24-Mar-2015 | Completed | Generating Revenue | |||
| 9. Debt - General | 21-Nov-2013 | Completed | Generating Revenue | |||
| 8. Secondary Transaction - Private | 14-Aug-2013 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 14-May-2013 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 29-Jun-2012 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series D) | 29-Feb-2012 | Completed | Generating Revenue | |||
| 4. Debt - General | 30-Sep-2011 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series AA) | 15-Jan-2009 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 08-Mar-2006 | $13.5M | $16.5M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 11-Aug-2005 | $3M | $3M | Completed | Generating Revenue |
SugarSync Comparisons
Industry
Financing
Details
SugarSync Competitors (43)
One of SugarSync’s 43 competitors is Carbonite, a Formerly VC-backed company based in Boston, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Carbonite | Formerly VC-backed | Boston, MA | ||||
| Encyro | Corporation | San Francisco, CA | ||||
| Vaultize | Formerly VC-backed | Pune, India | ||||
| Acronis | Private Equity-Backed | Schaffhausen, Switzerland | ||||
| TeamDrive Systems | Corporation | Hamburg, Germany |
SugarSync Patents
SugarSync Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20060101064-A1 | Method and apparatus for a file sharing and synchronization system | Inactive | 08-Nov-2004 | ||
| WO-2006053019-A2 | Method and apparatus for a file sharing and synchronization system | Inactive | 08-Nov-2004 | ||
| WO-2006053019-A3 | Method and apparatus for a file sharing and synchronization system | Inactive | 08-Nov-2004 | G06F16/48 |
SugarSync Former Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Coral Group | Venture Capital | Minority | ||
| Draper Fisher Jurvetson Management | Venture Capital | Minority | ||
| ESO Fund | Secondary Buyer | Minority | ||
| Hatteras Investment Partners | Fund of Funds | Minority | ||
| Hercules Capital (San Mateo) | Lender/Debt Provider | Minority |
SugarSync FAQs
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When was SugarSync founded?
SugarSync was founded in 2004.
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Where is SugarSync headquartered?
SugarSync is headquartered in New York, NY.
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What industry is SugarSync in?
SugarSync’s primary industry is Network Management Software.
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Is SugarSync a private or public company?
SugarSync is a Private company.
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What is SugarSync’s current revenue?
The current revenue for SugarSync is .
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How much funding has SugarSync raised over time?
SugarSync has raised $63M.
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Who are SugarSync’s investors?
Coral Group, Draper Fisher Jurvetson Management, ESO Fund, Hatteras Investment Partners, and Hercules Capital (San Mateo) are 5 of 12 investors who have invested in SugarSync.
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Who are SugarSync’s competitors?
Carbonite, Encyro, Vaultize, Acronis, and TeamDrive Systems are some of the 43 competitors of SugarSync.
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When was SugarSync acquired?
SugarSync was acquired on 24-Mar-2015.
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Who acquired SugarSync?
SugarSync was acquired by Ziff Davis.
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