Synnax Labs Analysis: $1M Raised
What is Synnax Labs?
Synnax is an observability and control platform for hardware systems, built for engineering teams that run high-rate telemetry and physical devices. The product combines live dashboards, automation through Arc, data review, storage, alarms, and real-time processing. The site claims native protocol support for OPC UA, Modbus, and EtherCAT, plus read and write speeds exceeding 10 million samples per second.
Location
635 Tennessee St, Denver, Colorado 80439, US
Employees
1-10
Founded
2024
Revenue
$600K
Business Model
Subscription-based revenue from ratee companies, users, and data sales.
Product Features & Capabilities
- Data acquisition, control sequences, supervisory control, console operation, test completion, anomaly detection, actuator movement, ROS fleet operation, custom hardware, automated analysis, time-series database, real-time data streaming, GPU accelerated visualization, modular and extensible architecture, integration with existing hardware, automated workflows with signals.
Pricing
- Free for up to 50 channels.
- For detailed pricing beyond this, users are encouraged to contact Synnax Labs directly through their website.
How much Synnax Labs raised
1: - $1 million
March 6, 2024Lead Investor: - No Limit Holdings
Who are the founders of Synnax Labs
Investors
- Edessa Capital
- Kenetic Capital
- Bitscale
- Ryze Labs
- MH Ventures
- Hex Trust
- Moonvault
- GameFi Ventures
- Typhon Ventures
- No Limit Holdings
- Drops Ventures
- Wintermute
Market Focus
Synnax Labs primarily focuses on the technology industry, specifically in the area of sensor technology and operations frameworks for hardware teams. Their offerings enable real-time communication with sensors and actuators, as well as automated control and analysis workflows.
Competitors Overview
Synnax Labs operates in the sensor database and operations framework market, primarily competing with companies like Nominal, SceneBox, and Machbase.
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Nominal: Specializes in engineering data infrastructure for mission-critical systems. While specific details about their offerings are limited, they focus on providing robust data management solutions tailored for engineering applications.
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SceneBox: Information on SceneBox is scarce, but it is known to be involved in data management solutions, potentially offering services that overlap with Synnax's focus on sensor data.
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Machbase: This company offers a time-series database optimized for IoT applications. Machbase is noted for its high-speed data ingestion and processing capabilities, making it suitable for environments that require real-time data analysis. It provides an all-in-one solution for data collection, storage, and visualization, which could be seen as an advantage over Synnax's more specialized focus.
Notable differences include Machbase's emphasis on speed and scalability, which may appeal to users with high-volume data needs, while Synnax Labs focuses on real-time communication and telemetry data analysis for hardware teams.
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