Tech Company Financing Transactions
Polte Funding Round
Polte closed a $12.5 million Series A financing round on 10/2/2019. Backers included private investors.
Transaction Overview
Company Name
Announced On
10/2/2019
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to focus on deployments of commercial and industrial applications of its patented alternative to GPS.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
801 E. Campbell Rd. 580
Richardson, TX 75081
USA
Richardson, TX 75081
USA
Phone
Website
Email Address
Not Recorded
Overview
Polte provides innovative positioning technologies for the Internet of Things and beyond. Polte is the leader in Cloud Location over Cellular (C-LoC), the most advanced positioning solution aimed at the low-power, wide-area cellular IoT market.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ed Chao
Chief Scientific Officer
Truman Prevatt
Chief Technical Officer
Andrew Wolverton
President
Russ Markhovsky
VP - Bus. Development
Daniel Rudich
VP - Marketing
JC Elliott
VP - Product Management
Robert Wondoloski
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