InSync Software

San Jose, United States Founded: 1997 • Age: 29 yrs Acquired By ORBCOMM
Platform to develop and deploy IoT applications

About InSync Software

InSync Software is a Technology company based in San Jose (United States) founded in 1997, and was acquired by ORBCOMM in January 2015. Platform to develop and deploy IoT applications. InSync Software has raised $12.4 million across 3 funding rounds from investors including ORBCOMM, Intel Capital and Rustic Canyon Partners. The company has 9 employees. The company was acqui-hired. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Platforms and Development platforms. Its competitors include PubNub, ThingWorx and ClearBlade; 3 of its 3 listed competitors have raised funding.

Company details

Software applications for IoT-driven solutions using RFID technology are provided by InSync Software, founded in 1997 in San Jose, United States. Asset management and tracking needs are addressed across industries including industrial manufacturing, hi-tech, healthcare, energy, and aerospace defense. Products are available in on-premise and cloud-hosted formats. Recognition as one of the top 20 RFID innovators was received from RFID Switchboard.

Key Metrics
  • Total Equity Funding
    $12.4M (USD)

    in 3 rounds

  • Latest Funding Round
    $200K (USD), Series B

    Apr 2010

  • Investors
    ORBCOMM

    & 2 more

  • Employee Count
    9
  • Acquired by
    ORBCOMM

    & 1 more

    (Jan 2015)

Funding Insights of InSync Software

InSync Software has successfully raised a total of $12.4M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $200 thousand completed in April 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $12.4M
  • Total Rounds 3
  • Last Round Series B β€” $199,999
  • First Round $7.5M

    (Jan 2006)

  • Investors Count 2

All 3 funding rounds of InSync Software with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2010$199,999Series B––
–
Jun 2009$4.7MSeries B–Intel Capital, Rustic Canyon Partners
–
Jan 2006$7.5MSeries A––
Valuation history

3 investors in total: 3 institutional.

Investors in InSync Software

InSync Software has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include ORBCOMM, Intel Capital and Rustic Canyon Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investment in technology startups focusing on compute, AI, and related innovations.
intelcapital.com
rusticcanyon.com
M2M communication solutions for asset tracking and management are provided.
1993orbcomm.comRochelle Park, United States
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Investor details for InSync Software

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Timeline of InSync Software

4 dated milestones of InSync Software across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded InSync Software is founded.
  2. Funding First funding round of $7.5M.
  3. Funding Latest funding round, Series B, of $200K.
  4. Exit Acquired by ORBCOMM.

Competitors of InSync Software

InSync Software has 3 listed competitors in our database, 3 of them funded. They include PubNub, ThingWorx and ClearBlade.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pubnub.com2010San Francisco, United States$134.6M55
Real-time app development is facilitated via cloud-based infrastructure.
thingworx.com2009Boston, United States$18.4M2,559
Platform to build and run applications for connected devices
clearblade.com2007Austin, United States$12.84M37
Provider of cloud-based edge computing platform
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Detailed competitors of InSync Software

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Industrial IoT & Smart Manufacturing

3 companies that operate in the same segment as InSync Software (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
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Related news about Insync Software

Orbcomm Acquires IoT Specialist InSync Software
Satellitetoday β€’ 11 years ago
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Complete news archive for InSync Software

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  • Full article archive
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Frequently Asked Questions about InSync Software

InSync Software was founded in 1997 and raised its 1st funding round 9 years after it was founded.

InSync Software is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

InSync Software is a funded company, having raised a total of $12.4M across 3 funding rounds to date. The company's 1st funding round was a Series A of $7.5M, raised on Jan 2006.

InSync Software has 9 employees.

Software applications for IoT-driven solutions using RFID technology are provided by InSync Software, founded in 1997 in San Jose, United States. Asset management and tracking needs are addressed across industries including industrial manufacturing, hi-tech, healthcare, energy, and aerospace defense. Products are available in on-premise and cloud-hosted formats. Recognition as one of the top 20 RFID innovators was received from RFID Switchboard.

InSync Software's top competitors include PubNub, ThingWorx and ClearBlade.

InSync Software has 3 investors. Key investors include ORBCOMM, Intel Capital, and Rustic Canyon Partners.

Yes. InSync Software was acquired by ORBCOMM in January 2015.

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