SugarSync is a subscription-based file-syncing service that lets users keep photos, documents, and other files automatically updated across multiple devices—including PCs, Macs, iPhones, and Windows Mobile phones—and accessible via the cloud. Most of the 20,000 customers acquired since its launch in March are on the $50-per-year plan, implying roughly a $1 million annual revenue run rate. Pricing tiers span from $25 to $250 per year, positioning the product for both light and heavy users. The company targets consumers who operate in mixed device ecosystems, differentiating itself from more platform-specific offerings like Apple’s MobileMe and Microsoft’s emerging Live Mesh. Funds are being directed toward marketing expansion and continued product development to strengthen its competitive edge. With major platform owners still refining their own solutions, SugarSync aims to capture market share early and potentially become an attractive acquisition target. The service’s flexible, device-agnostic approach is core to its value proposition in the rapidly growing cloud-sync market.

Total raised

$49M

Funding rounds

4

Latest round

Equity

Latest activity

Jun 2012