NEWS27 February 2013

Synapsify rasies $600,000 in seed capital

Financials North America

US — Text analytics start up Synapsify has raised $600,000 in seed funding prior to going public with its product.

Stephen Candelmo

Stephen Candelmo

The company has been backed by Ingram Content Group company ICG Ventures, Fortify Ventures, Middleland Capital and a group of angel investors – private investors who provide capital in return for convertible equity or ownership equity.

Synapsify aims to understand and curate written content based on hundreds of dimensions including quality, credibility, themes and intent and is aiming for a Q2 2013 release of its product.

Stephen Candelmo, CEO and co-founder of Synapsify, said: “We are thrilled to be working with Ingram and our other valued investors to maximise the impact and distribution of our ground-breaking product.”