W(h)ither Syndera

Recent attempts to reach business event processing vendor Syndera by email proved unsuccessful, and just as I was about to reach out by more traditional means comes speculation that the company has shut down. Certainly www.syndera.com appears to no longer be operational.

We previously noted that Tibco acquired ‘certain assets’ of the real-time BI software vendor for $1m in July, and those continue to be available in the form of the TIBCO Syndera Operation Suite.

As Marco Seiriö notes in his speculation, it is somewhat surprising that the company, which had raised over $20m in VC funding, only managed a return in the region of $1m. A sign of the times or a special case?