Synacor Secures $17 Million in Funding

Oct 27, 2006


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Synacor, a provider in the development and integration of value-added online content and technology solutions for broadband and internet service providers, has announced the closure of a $17 million "C Series" round of financing. Synacor will utilize the investment to expand its portfolio of value-added online content offerings and advanced portal solutions. This "C Series" round of funding was led by North Atlantic Capital and included financing from Mitsui Technology Investment Group, both new investors in Synacor. Several existing Synacor investors also participated in the round, including Crystal Ventures, Advantage Capital Partners, Walden International, Intel Capital, and Rand Capital SBIC.

(www.synacor.com; www.northatlanticcapital.com; www.mtivg.com)