Toronto's Syncapse lands $25 Million round

Toronto's Syncapse has been making news consistently over the past couple years, so it doesn't come of much a surprise that they announced last week that they have finalized a $25 million round of financing from ABS Capital Partners.

Syncapse develops tools to help brands and marketers build their own social communities and track in real-time what consumers want. Syncapse’s platform is a single dashboard where marketers and their stakeholders, both internal and external, can build, manage and measure a global social media presence across Facebook, Twitter, YouTube, WordPress and MovableType.

According to their press release, Syncapse will use the new funds to hire more sales, technical development and marketing staff.

Syncapse picked up the Company of the Year Award at the 2010 Canadian New Media Awards in December and a coveted Companies-to-Watch Award at the 2010 Deloitte Technology Fast 50 Awards.

Syncapse President and CEO Michael Scissons was singled out with an Emerging Entrepreneur of the Year award at the Ernst & Young Entrepreneur of the Year 2010 Awards and was included on Techvibes Digital Media People to watch for 2011 list.

Syncapse was founded in 2007 and last week's massive round brings their total funding to $30.3 million to date.

Toronto, Ontario, Canada

A global leader in the practice areas of digital consulting, community building, technology solutions, and digital measurement, Syncapse helps our clients leverage the power of social media to drive greater value and success for their businesses. Using expert cross-discipline strategic thinking paired with leading-edge customizable technologies, we create unique and innovative solutions that... more

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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more

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