SpringCM has acquired the assets of Synchris Inc., including its brand-name line of bid, proposal and contract management software. Terms of the deal were not disclosed. Synchris, based in Sterling, Va., owns the Privia line of bid and proposal life cycle management software for businesses bidding on federal, state and local government contracts. The newly acquired business will operate as SpringCM's Government Solutions Division. It will remain in its Northern Virginia location. SpringCM, based in San Mateo, Calif., already offers a contract and proposal management tool for commercial contracts. With the new assets, the company will also have a product that manages government proposals and contracts.
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Synchris Frequently Asked Questions (FAQ)
When was Synchris founded?
Synchris was founded in 2003.
Where is Synchris's headquarters?
Synchris's headquarters is located at 46030 Manekin Plaza, Sterling.
What is Synchris's latest funding round?
Synchris's latest funding round is Acquired.
How much did Synchris raise?
Synchris raised a total of $7.1M.
Who are the investors of Synchris?
Investors of Synchris include DocExchange, Novak Biddle Venture Partners, Aurora Funds, Inflection Point Ventures and Norwest Venture Partners.
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