Synthesio secures USD20m investment from Idinvest Partners
Global social listening and analysis platform Synthesio has secured USD20m in funding from European private equity firm Idinvest Partners.
The Series B investment will be used for research and product development, as well as expansion of Synthesio’s global team.
Synthesio has offices in New York, Paris, London, Austin and Singapore.
Using Synthesio’s platform, businesses can monitor and analyse conversations about their brand on social media platforms, blogs, forums, consumer review sites and mainstream media sites across 200 countries and 50 languages.
Loic Moisand, co-founder and CEO of Synthesio, says: “Idinvest Partners really understands our offerings, philosophies and goals. We are very proud of their support and excited by what we will build together.”
Matthieu Baret, partner at Idinvest Partners, saYS: “Synthesio’s global presence and focus on international markets was a significant draw for us. Like Criteo and Talend, who are also leaders in their fields, Synthesio is a company that we are thrilled to be working with and a part of what they do next.”
Synthesio recently announced that it had recorded 100 per cent growth in clients and revenue in the last year and formed a partnership with IBM Connections.
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