Synacor
Provides software that enable MSOs, ISPs, and telcos to bundle, promote, and deliver (narrow)band content.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| N/A | €0.0 Valuation: €0.0 | round | |
* | $92.0m Valuation: $92.0m 1.1x EV/Revenue 10.2x EV/EBITDA | Buyout | |
| Total Funding | 000k | ||
| USD | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 3 % | (15 %) | (34 %) | 1 % | 7 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | 1 % | 6 % | 7 % | 6 % | 11 % | 13 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | 6 % | 5 % | 7 % | 14 % | 1 % | 1 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | 22 % | - | - | - | - | - |
Source: Company filings or news article, Equity research estimates
Related Content
Founded in 1998 by George Chamoun, Synacor, Inc. has evolved from its origins as a web portal provider to a multifaceted technology company focused on software and services. The company initially established itself by creating web portals for internet service providers and consumer electronics manufacturers, a business segment that laid the groundwork for its expansion into enterprise software and advertising. A significant milestone in its history was the initial public offering in February 2012, which provided capital for strategic acquisitions and further development.
Synacor's business is structured around two primary segments: Software & Services and Portal & Advertising. The Software & Services division delivers a suite of solutions, most notably the Zimbra email and collaboration platform. Zimbra is an open-source software that offers email, calendaring, and file-sharing functionalities to a global client base that includes governments, service providers, educational institutions, and enterprises. This segment generates revenue through software licenses, recurring subscription fees for its cloud-based offerings, and professional services.
The Portal & Advertising segment focuses on managing and monetizing publisher-branded web and mobile platforms. Synacor provides content and generates revenue by sharing in the advertising income produced on these portals. This model serves media companies and service providers looking to engage their audiences and create advertising revenue streams. Over the years, the company has strategically shifted its focus more intensely towards its enterprise software offerings, particularly the Zimbra platform, which represents a significant portion of its recurring revenue. In 2021, Synacor was acquired by Centre Lane Partners, a private investment firm, a move that transitioned it from a publicly traded entity to a private company.
Keywords: enterprise software, email collaboration, Zimbra, digital advertising, web portals, managed services, identity management, open-source software, cloud services, content monetization
