PoLTE Overview
- Year Founded
-
2005
- Status
-
Out of Business
- Employees
-
40
- Latest Deal Type
-
Out of Business
PoLTE General Information
Description
Provider of 5G Mobile IoT location tracking platform designed to provide secure, highly-accurate indoor and outdoor real-time location insights. The company's platform uses cloud location over cellular (C-LoC) technology which can locate IoT and mobile devices in real-time and seamlessly as they move between indoor and outdoor environments, enabling enterprises and various industries to access unprecedented visibility and reducing the costs of location tracking.
Contact Information
Website
www.polte.comCorporate Office
- 15301 Dallas Parkway
- Suite 125
- Addison, TX 75001
- United States
Corporate Office
- 15301 Dallas Parkway
- Suite 125
- Addison, TX 75001
- United States
PoLTE Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Out of Business | 01-Sep-2022 | Completed | Out of Business | |||
5. Merger/Acquisition | 01-Jan-2022 | 0000 | Completed | Generating Revenue | ||
4. Accelerator/Incubator | 16-Sep-2021 | 0000 | Completed | Generating Revenue | ||
3. Later Stage VC (Series A3) | 31-Aug-2021 | 00.00 | 0000 | 000.00 | Completed | Generating Revenue |
2. Later Stage VC (Series A2) | 01-Oct-2019 | $12.5M | $25.5M | Completed | Generating Revenue | |
1. Later Stage VC (Series A) | 01-Jan-2017 | $13M | $13M | 000.00 | Completed | Product In Beta Test |
PoLTE Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A3 | 000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series A4 | 000,000 | 00.000000 | 00.00 | 00.0 | 00.0 | 00 | 00.0 | 0.000 |
Series A2 | 3,522,799 | $0.010000 | $0.34 | $6.75 | $6.75 | 1x | $6.41 | 19.09% |
Series A | 2,550,107 | $0.010000 | $0.26 | $5.12 | $5.12 | 1x | $4.94 | 13.6% |
PoLTE Comparisons
Industry
Financing
Details
PoLTE Competitors (6)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
iconectiv | Pending Transaction (PE) | Bridgewater, NJ | 000 | 00.000 | 000000000000 | |
NextNav | Formerly VC-backed | Reston, VA | 000 | 00000 | 000000000000 | 00000 |
Skyhook Wireless | Formerly VC-backed | Boston, MA | 00 | 000.00 | 000000&0 | |
Radar (Software Development Applications) | Venture Capital-Backed | New York, NY | 000 | 000.00 | 000000000000 | 000.00 |
Zumigo | Venture Capital-Backed | San Jose, CA | 00 | 00.000 | 000000000 - | 00.000 |
PoLTE Patents
PoLTE Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
JP-2021519422-A | Network architecture and methods for location services | Active | 27-Mar-2018 | 00000000 | 0 |
EP-3360201-A4 | Angle of arrival positioning system for tracking objects | Active | 08-Oct-2015 | 00000000 | 0 |
EP-3360201-B1 | Angle of arrival positioning system for tracking objects | Active | 08-Oct-2015 | 000000000 | |
JP-2020020801-A | Angle-of-arrival positioning system for tracking objects | Pending | 08-Oct-2015 | 00000000 | 0 |
JP-2018538515-A | Angle-of-arrival positioning system for object tracking | Pending | 08-Oct-2015 | H04W4/80 | 0 |
PoLTE Signals
PoLTE FAQs
-
When was PoLTE founded?
PoLTE was founded in 2005.
-
Who is the founder of PoLTE?
Russ Markhovsky is the founder of PoLTE.
-
Where is PoLTE headquartered?
PoLTE is headquartered in Addison, TX.
-
What is the size of PoLTE?
PoLTE has 40 total employees.
-
What industry is PoLTE in?
PoLTE’s primary industry is Other Communications and Networking.
-
Is PoLTE a private or public company?
PoLTE is a Private company.
-
What is PoLTE’s current revenue?
The current revenue for PoLTE is 00000.
-
How much funding has PoLTE raised over time?
PoLTE has raised $32M.
-
Who are PoLTE’s competitors?
iconectiv, NextNav, Skyhook Wireless, Radar (Software Development Applications), and Zumigo are some of the 6 competitors of PoLTE.
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