What is SugarSync?
Headquartered in San Mateo, California, SugarSync operates as a premier provider of personal cloud services. The platform distinguishes itself by enabling users to sync, backup, and share files across any folder on Mac, PC, and mobile devices, including iOS and Android. Unlike traditional storage solutions, SugarSync offers a flexible architecture that mirrors how users organize their digital lives, facilitating collaboration through simple URL sharing and social integration. Recognized for its technical excellence, the company has secured industry accolades such as the Best Cloud Storage Service of 2011, cementing its reputation as a critical utility for data mobility and enterprise-grade file management.
How much funding has SugarSync raised?
SugarSync has raised a total of $54.5M across 6 funding rounds:
Series A
$3M
Series B
$13.5M
Series C
$10M
Series D
$15M
Private Equity
$10M
Debt
$3M
Series A (2005): $3M with participation from Threshold and Selby Venture Partners
Series B (2006): $13.5M led by Sigma Partners, Selby Venture Partners, and Draper Fisher Jurvetson
Series C (2009): $10M supported by Sigma Partners, Draper Fisher Jurvetson, and Selby Venture Partners
Series D (2012): $15M featuring Sigma Partners, Coral Group, Hercules Technology Growth Capital, Draper Fisher Jurvetson, and Hatteras Venture Partners
Private Equity (2012): $10M backed by ORIX
Debt (2013): $3M, investors not publicly disclosed
Key Investors in SugarSync
Draper Fisher Jurvetson
A prominent global venture capital firm with a history of backing transformative technology companies, providing significant capital and operational expertise to scale disruptive startups.
Sigma Partners
A venture capital firm specializing in early-stage technology investments, with a strong focus on SaaS, cloud, and mobile sectors to drive long-term value.
Selby Venture Partners
A Silicon Valley-based fund that bridges the gap between seed and later-stage growth, focusing on disruptive software and next-generation information technology.
What's next for SugarSync?
With a robust history of venture capital support, SugarSync is well-positioned to capitalize on the increasing demand for secure, cross-platform data accessibility. The strategic deployment of its latest financing will likely focus on enhancing its collaboration suite and expanding its footprint within the enterprise sector. As the market for cloud-based synchronization matures, SugarSync's focus on user-centric design and device-agnostic functionality remains a key differentiator. Future growth trajectories will likely involve deepening integration with third-party productivity tools and strengthening its security protocols to meet the evolving compliance requirements of professional users worldwide.
See full SugarSync company page
