Synchronoss

Provides cloud services and wireless connections to mobile carriers.

Launch date

2000

Employees

1001-5000 people

Market cap

Enterprise valuation

AUD517m (Public information from Sep 2024)

Bridgewater Township New Jersey (HQ)

http://www.synchronoss.com/

https://twitter.com/synchronoss https://www.facebook.com/Synchronoss https://www.linkedin.com/company/11247 https://apps.apple.com/app/id1476031001 https://play.google.com/store/apps/details?id=com.synchronoss.id3.auth.id3

Revenues, earnings & profits over time

USD	2019	2020	2021	2022	2023	2024	2025
Revenues	309m	292m	281m	253m	164m	174m	184m
% growth	(5 %)	(6 %)	(4 %)	(10 %)	(35 %)	6 %	6 %
EBITDA	(23.0m)	14.7m	17.4m	38.9m	19.6m	45.1m	46.2m
% EBITDA margin	(7 %)	5 %	6 %	15 %	12 %	26 %	25 %
Profit	(105m)	(10.7m)	(22.9m)	(7.9m)	(54.5m)	3.1m	7.8m
% profit margin	(34 %)	(4 %)	(8 %)	(3 %)	(33 %)	2 %	4 %
EV / revenue	0.5x	0.7x	0.8x	0.2x	0.4x	0.9x	0.8x
EV / EBITDA	-6.9x	13.5x	12.1x	1.4x	3.1x	3.4x	3.3x
R&D budget	75.6m	77.0m	64.3m	55.6m	46.6m	-	-
R&D % of revenue	24 %	26 %	23 %	22 %	28 %	-	-

Date	Investors	Amount	Round
-	Balderton Capital General Atlantic Institutional Venture Partners Lars Fjeldsoe-Nielsen	N/A	-
Jun 2006	N/A	$56.5m Valuation: $247m	IPO
Nov 2017	Siris Capital	$185m	Post IPO Equity
Jun 2021	N/A	$235m	Post IPO Debt
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Synchronoss Jan 2012

ACQUISITION by Synchronoss Jul 2012

ACQUISITION Feb 2015

ACQUISITION by SS&C Technologies Nov 2018

ACQUISITION by Synchronoss Jan 2012