Polte is a provider of cloud-based location technologies to track IoT and mobile devices ecosystem using LTE/4G and 5G networks.
Polte is transforming the market for location-based data services by leveraging the carrier's vast terrestrial.
Polte was founded in 2016 by Russ Markhovsky and is based in Richardson, Texas.
Polte, with over 75 patents and patents pending, delivers a highly accurate, cost-saving solution that requires minimal power consumption. Compared to other market offerings, Polte's technology is optimized to leverage 4G and 5G cellular signals, functioning both indoors and outdoors for precise and secure asset tracking.
Polte's cloud-based platform powers Internet of Things (IoT) connected devices with real-time location determination as they move between indoor and outdoor environments.
Polte's location platform leverages broadly available 4G and 5G networks worldwide to enable manufacturers, distributors, and sellers of goods to more effectively track and manage their millions of distributed assets.
Polte has raised $12.5M Series A-2 funding round on Sep 30, 2019. The investments is backed by experienced private investors. The latest round brings Polte's total funding to $18.5M to date.
