InSync Software, provider of software that tracks companies’ assets — using radio-frequency identification, GPS and advanced sensor systems — has brought in most of an anticipated $4.7 million second round of funding, according to VentureWire. This might not sound like much, but it already works with some formidable companies, including Motorola, Honeywell, Hewlett-Packard and SAP.
Based in San Jose, Calif., InSync last raised money in 2006, closing a $7.5 million first round from Intel Capital and Rustic Canyon Ventures. One member on its board of directors is from TuShean Venture Partners, but it’s unclear if the firm provided any financing.
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