Insync software1/1/2024 Our business has continued to grow as our customers derive significant value from InSync applications for tracking products, inventory, and assets. Together, these two firms bring seasoned and relevant experience in the space we are focused on. "InSync's manufacturing and supply chain solutions offer high-tech companies a tangible and compelling opportunity to reduce costs and improve efficiency." We are very excited to complete our Series A funding round led by Rustic Canyon and Intel Capital, said Ashish Chona, co-founder and CEO of InSync Software. "Dynamic business process applications that operate at the point of action, such as collaborative supply chain, RFID and other asset-on-the-move systems, have the potential to transform the way companies make decisions with transparent views into their global products and inventory," said Robert Rueckert, Investment Manager for Intel Capital. As part of the transaction, Michael Kim and Alexander Lloyd, a Venture Partner at Rustic Canyon, will join the InSync board. We are excited to help them grow," said Michael Kim, Partner at Rustic Canyon Partners. InSync's customer traction validates their proven ability to measurably improve how companies and their trusted suppliers collaborate to manufacture and deliver complex products. "InSync is well-positioned for continued growth by providing compelling solutions that provide real-time asset visibility for customers to develop efficient and fault tolerant supply chains. InSync's customers include Fortune 500 technology companies in the Semiconductor, Electronics and Computer industries. InSync's applications allow companies to add sense and respond capabilities to existing supply chain and asset management solutions leveraging the internet and advanced technologies such as RFID and sensor based computing. Rustic Canyon Partners and Intel Capital are the lead investors with additional capital coming from several strategic investors. Investment will Accelerate Growth for InSyncs Collaborative Supply Chain and RFID ∺sset-on-the-Move Software Solutions Sunnyvale, CA J InSync Software, a rapidly growing, Silicon Valley-based provider of collaborative supply chain software applications that track assets on the move, today announced that it has completed a Series A funding round of $7.5 million.
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