Mobile Email Provider Synchronica Raises $3.9 Million
Mobile email and synchronization services provider Synchronica has raised a $3.9 million in its second round of funding, bringing the total investment into the company to $7.5 million. Synchronica says it plans to use the money to fund its push into emerging markets with its mobile email and backup products, and will be used specifically to expand the company’s sales and support in the Middle East, Africa, Asia and Latin America. The company has two main products, Mobile Gateway which enables operators to offer push email and Mobile Backup which backs up and restores service for personal information stored on devices.
Feb 27, 2008 8:10 AM ET
Posted In: Money, M&A & Venture Capital, Venture Capital, Companies, Countries, Europe, UK, synchronica
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Comments (11)
Mar 6, 2008 3:17 AM
Interesting, was talking to few people in the know, are Synchronia about to hit the big time ;). Keep those eyes peeled for more news. Lets say worth a punt ;)
Mar 6, 2008 3:46 AM
Been looking at cheap shares and this can on the radar. Have researched this company and looked at this comment and the other one by Jazyt. Looks like there is something in these tips these guys have been hinting on. Went back through some newspapers and Synchronica were mentioned in a UK newspaper called ‘The Sun’, back in Jan 2008 they have also stated these are worth a shout. Cheap at moment and if the shares rise back to 2007 levels you have tripled your money :)
So cheap and affordable long term definately worth a punt
Mar 6, 2008 1:22 PM
Not sure if you know Synchronica are going to issue another 1,500,000 shares. Checked with an inside source, who said watch this space
Mar 7, 2008 4:56 AM
Told yah there is something on the horizon.
Synchronica has been honoured with an InnovationAward for its outstanding products.
The Innovation Award has loads of entrants and Synchronica’s products were selectedfrom 1600 entrants.
The only way is up.
Cheers Jamie for the intial tip
Mar 10, 2008 10:24 AM
They have now won Silver European Seal of E-Excellence Award and are targetting India and Africa markets so outlook is good
Apr 19, 2008 4:40 PM
Guys, HRH Prince Hussam Bin Saud Bin Abdulaziz Alsaud has brought over 13 million shares in synchronica, told yah something was happening, so take heed and keep eyes peeled again, take over?? HINT HINT ;)
Apr 25, 2008 8:47 PM
Poor prince…he is being taken for a ride. did he know when he bought 13 million shares that the company he is investing is has no working products??? hell, they have no customers who they can reference… syncronica is tricking a filthy rich…this company is going down no matter how many millions this guy pumps into it…bs company…bs products
Apr 29, 2008 8:30 AM
Do you really think someone like HRH Prince Hussam Bin Saud Bin Abdukaziz Alsaud or his advisors do not do any research before buying 10% of a company? Hold onto your hats this share will take off shortly and I for one will be on board…My guess is that a contract with an international compamy is in the offing
Apr 29, 2008 12:31 PM
let.s hope synchronica take off. it.s now or never. my guess. it.s a blue sky share.
Apr 30, 2008 11:24 PM
tim, why do you assume that a given investor doesn’t make wrong investment decisions? Just because he is a prince does’nt mean he doesnt make mistakes… as an investor, i always focus on the basics: why dont we wait for the companys results of 2007 so that one is able to guage the success or the failure of the companys overall stratetgy… however, i still insist that syncronica has serious problems in product development, and rollign out solutions as we havent seen on press about a customer win…
May 7, 2008 11:48 AM
is no news. good news/ or bad news.