InSync Software Lands $4,700,000 Series B Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4cdfcf33-d4ad-4125-be35-70b6375a31eb&Preview=1 -
Date
10/20/2009 -
Company Name
InSync Software -
Mailing Address
224 Airport Parkway San Jose, CA 95110 -
Company Description
InSync Software is pioneering a new class of Sense and Respond applications at the edge of the enterprise that leverage the internet, RFID, and sensor based technology to enable the transparent supply chain. -
Website
http://www.insyncinfo.com -
Transaction Type
Venture Equity -
Transaction Amount
$4,700,000 -
Transaction Round
Series B -
Proceeds Purposes
“This investment helps to secure InSync’s place as a leader in this industry,” says Ravi Panja, CTO and co-founder of InSync. “We are the only company capable of offering these solutions as an on-demand service model, which resonates well with cost-minded managers in today’s economy. The additional capital puts us in an excellent position for extended growth and success.” -
M&A Terms
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Venture Investor
Intel Capital -
Venture Investor
Rustic Canyon Partners
