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Venture Capital News: Synadia Communications Nabs $25M Series B

2024-02-22
SAN MATEO, CA, Synadia Communications today announced it has closed a $25 million Series B financing round.
Synadia Communications, creators and maintainers of NATS.io (NATS), the open-source cloud and edge-native messaging system for high-performance data streaming, today announced it has closed a $25 million Series B financing round. Led by Forgepoint Capital, the investment round includes participation from existing investors and new investors Singtel Innov8, LDVP and 5G Open Innovation Lab. Forgepoint Managing Director Ernie Bio will join Synadia's board of directors.

Synadia empowers developers and enterprises to accelerate the delivery of their edge applications strategy in a highly secure and cloud-agnostic way. Synadia are creators and maintainers of the award-winning NATS.io open-source platform powering thousands of applications globally.
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