Synctera ,The San Francisco-based startup received $12.4 million in seed funding. The round was led by Lightspeed and joined by Diagram Ventures, as well as a group of strategic angel investors, including Zachary Perret, Max Levchin, Alexa von Tobel and Henry Ward.
Synctera CEO Peter Hazlehurst joined the company in September as the third co-founder with Kris Hansen and Dominik Weisserth, who founded the company in April as part of Diagram’s Canadian incubator program.
The company plans to utilise the new funding to hire more engineers and work on product development. Also the company is expecting to hire around 50 employees over the next six months.