Forgepoint Capital led a $25m Series B round in Synadia Communications.

Forgepoint Capital, a multi-stage venture capital firm, led a $25m Series B round in Synadia Communications, a software company, with participation from Singtel Innov8, LDVP and 5G Open Innovation Lab. “Companies are increasingly shifting beyond the cloud to the edge to better anticipate and address customer and operational needs of speed and data management. As they do this, legacy technologies are not built for distributed cloud architecture and optimizing user experience. Synadia has experienced rapid growth and widespread customer adoption due to the flexibility and reliability of its Adaptive Edge platform and its ‘secure by design’ architecture which meets the growing industry demand to improve performance,” Ernie Bio, Forgepoint Managing Director.