Water Cooler: Bankruptcy Bound Syncapse May Have Found A Buyer

company being able to raise $45 million in funds. Today, is an entirely different day as the company recently filed bankruptcy and laid over over 100 of its staff.

We are now getting reports that the public company is in the final stages of buying the assets of Syncapse.

Down And Almost Out, Syncapse Restructures & Lays Off Staff

Founded in 2007 by Michael Scissons, Toronto-based Syncapse has hit a major wall in what was once a very promising social media marketing company. A few days ago CBC received and published an article they had obtained from Scissons about a significant number of layoffs made at the company.