Source

Overview

Source Inc. is a prominent technology solutions provider headquartered in Kansas, United States. Founded in 2004 by Ray Medlock, the company specializes in the comprehensive integration of IT and communication services. Source has played a significant role in various industries, including retail, healthcare, education, and government, offering cutting-edge solutions to enhance connectivity and performance using 4G and 5G technology. The company is well-regarded for its expertise in deploying technology infrastructure and supporting high-speed communication networks. As of now, Source Inc. has raised a notable amount of funding, thus positioning itself strongly in the market.

Recent Developments

  • June 2025: Industrial Networking Solutions dramatically expands its portfolio with the acquisition of Source Inc. This strategic move strengthens INS's ability to deliver comprehensive solutions in wireless networking and IoT, critical for modern communication infrastructures.
  • March 2025: In recognition of its industry-leading fuel site solutions, Source North America Corporation received accolades for its role in providing essential equipment and services to gas stations and convenience stores across the United States.
  • December 2024: SOURCE Global secured international partnerships to further develop renewable water technologies. Their innovative solutions continued drawing attention from both governmental and private sectors across the globe.
  • November 2024: Diageo India announced a collaboration with SOURCE Global, leveraging SOURCE's pioneering hydropanel technology to advance water stewardship initiatives in India, marking a significant milestone for sustainable resource management in the region.
  • July 2022: SOURCE raised $130 million in a Series D funding round, attracting investment from prominent firms such as Breakthrough Energy and Microsoft, showcasing confidence in SOURCE's vision of providing decentralized, sustainable water solutions.

Company Information

AttributeInformation
Founding Date2004
HeadquartersKansas, United States
FoundersRay Medlock
RevenueN/A
ProfitsN/A
Key InvestorsBreakthrough Energy, Microsoft, BlackRock
IndustryTechnology Solutions
Number of EmployeesApproximately 30

Early History

Source Inc. began its journey in 2004 under the leadership of Ray Medlock, who envisioned integrating cutting-edge technology to provide seamless communication solutions. Initially, the company focused on delivering reliable wireless technologies and gradually expanded its capabilities. Within a few years, Source Inc. gained a reputation for its innovative approach to IT services, which entailed deploying both 4G and 5G solutions. Early partnerships with major sectors, such as retail and healthcare, reinforced its position in the market and set the foundation for future expansions.

Company Profile and Achievements

Source Inc. epitomizes innovation by offering comprehensive IT and communication solutions tailored to modern business needs. Its business model thrives on integrating advanced connectivity solutions for diverse sectors:

  • 2008: Extended services to include 4G deployment, paving the way for the ongoing 5G revolution.
  • 2015: Achieved a major milestone with a significant partnership in the healthcare sector, optimizing communication networks for enhanced patient care.
  • 2018: Under new ownership by JMC Capital Partners, Source Inc. significantly broadened its service offerings, establishing a global footprint.
  • 2023: Expanded further by acquiring Boston Limited, aligning with the strategic goal of providing next-generation intelligent infrastructure.
  • 2025: Continuing its innovative streak, Source Inc. is now a part of Industrial Networking Solutions, further revolutionizing the communications and IoT space.

Current Operations and Market Position

Source Inc. provides state-of-the-art wireless and IoT solutions crucial for businesses seeking to upgrade their connectivity infrastructure. The company is renowned for its ability to design and implement robust fixed and mobile solutions, fulfilling the needs of numerous sectors, from healthcare to government. Its competitive edge lies in its adaptive technologies that reliably integrate high-speed communication networks, ensuring seamless and secure connectivity. As part of Industrial Networking Solutions, Source Inc. is poised to leverage new synergies and expand its reach internationally.

Conclusion

Source Inc. has established itself as a pivotal provider of technological solutions, particularly in wireless communications and IoT sectors. The company has not only adapted to technological shifts but also actively shaped them through strategic partnerships, notable innovations, and industry-leading solutions. Looking ahead, Source Inc. is set to enhance its global presence and strengthen its influence by continuing to deliver transformative solutions tailored to evolving business needs across industries. Its recent acquisition by Industrial Networking Solutions positions it uniquely for sustained growth and innovation in the dynamic world of technology integration.

References

1. [Screener](https://www.screener.in/company/521036/)
2. [Mergr](https://mergr.com/company/marketing-source)
3. [Crunchbase](https://www.crunchbase.com/organization/source-3902)
4. [Bloomberg](https://www.bloomberg.com/profile/company/3706107Z:US)
5. [LeadIQ](https://leadiq.com/c/source-global/5fabfe4a4133a8a89a18aeef)
6. [Find-and-Update](https://find-and-update.company-information.service.gov.uk/company/02139416)
7. [LinkedIn](https://www.linkedin.com/company/source)
8. [Source Code](https://sourcecode.com/company/business-overview-history/)
9. [Source Inc. Official](https://www.sourceinc.com)
10. [PitchBook](https://pitchbook.com/profiles/company/114961-15)