
InSync Software
RFID Software Platform – InSync Software, Inc..
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |

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InSync Software, Inc., founded in 2003 and headquartered in San Jose, California, established itself as a developer of software services for business applications driven by RFID, GPS, and other sensor technologies. The company was co-founded by Ashish Chona, who served as CEO. Over its lifetime, the firm successfully raised $12.4 million in funding over several rounds from investors including Intel Capital, Rustic Canyon Partners, Accelerator Ventures, and Identec Group. This culminated in its acquisition by Orbcomm on January 16, 2015.
The company's core business centered on providing a platform, iApp, for developing and deploying applications that track and manage assets, thereby improving operational efficiencies for its clients. InSync catered to asset-intensive industries such as Aerospace & Defense, Hi-Tech, Oil and Gas, Construction, and Food Safety. Its business model was flexible, offering products through traditional on-premise licensing as well as a cloud-based Software-as-a-Service (SaaS) model called iAppCloud™. This dual-delivery approach allowed clients to choose the deployment method that best suited their infrastructure and budget.
InSync's product portfolio included the iApp Platform, which provided the foundational building blocks for application development, and iApp Solution Templates, which were pre-packaged solutions for specific industry needs. One notable application was GREENTrace™, a track-and-trace solution designed for food safety and supply chain management. This system used RFID and GPS to monitor and trace food production from field to fork, enabling precise recalls and providing metrics to optimize supply chain operations. The platform's primary function was to merge sensory data from technologies like RFID and GPS with enterprise information from systems like ERP and WMS to actively manage assets across diverse locations. This provided clients with enhanced visibility, which in turn helped to lower risks and improve efficiency.
Keywords: InSync Software, asset tracking, RFID software, GPS applications, sensor-driven applications, IoT platform, Orbcomm, Ashish Chona, iApp Platform, asset management, operational efficiency, supply chain management, GREENTrace, food safety tracking, cloud-based asset tracking, on-premise software, Aerospace & Defense, Oil and Gas, Hi-Tech industry, supply chain optimization