Product Reports Resources Pricing Login Book a demo

Polte Corporation

AI · Addison, United States · Founded 2016

Software platform that uses 4g & 5g networks to deliver highly-accurate location seamlessly indoors and out MoreLess

Polte Corporation operated as a technology company specializing in location services, positioning itself as an alternative to traditional GPS. The company was founded by Russ Markhovsky, who served as President. Ed Chao, a former technology executive from T-Mobile and MetroPCS, later joined as CEO. Based in Richardson, Texas, a suburb of Dallas, Polte focused on developing its patented Cloud Location over Cellular (C-LoC) technology.

The firm's core business revolved around a software-only, location-as-a-service (LaaS) platform. This platform utilized existing global 4G and 5G cellular networks and cloud computing to determine the location of IoT devices. By offloading the computational work from the device to the cloud, Polte's solution aimed to reduce power consumption, decrease device size, and lower costs for manufacturers. The technology was designed to provide accurate indoor and outdoor location tracking without the need for additional hardware like Wi-Fi access points or Bluetooth beacons. Polte's business model targeted a wide range of industries, including supply chain, logistics, manufacturing, and healthcare, by providing visibility into their assets. The company offered its services through an API, enabling clients such as cloud computing providers, IoT hardware makers, and systems integrators to incorporate location-enabled insights into their own offerings.

Polte’s C-LoC technology was engineered to calculate a device's position by leveraging cellular network signals, providing a more power-efficient and secure alternative to GPS. The company claimed its system could deliver sub-meter level accuracy for 5G networks indoors and sub-3-meter accuracy outdoors. Key features included real-time tracking, temperature monitoring, and shock detection. The company formed several strategic partnerships to expand its market reach, collaborating with companies like CoreKinect to create end-to-end supply chain tracking solutions and Druid Software to integrate its location technology into private 4G/5G networks. In September 2022, Polte ceased operations and began selling its assets. It was later reported that Qualcomm had acquired Polte's assets, integrating the technology into its own Aware platform.

Keywords: Cloud Location over Cellular, C-LoC, IoT location solutions, asset tracking, 5G positioning, cellular location, indoor tracking, outdoor tracking, supply chain visibility, IoT platform, location-as-a-service, cellular network positioning, low-power IoT, Ed Chao, Russ Markhovsky, Qualcomm acquisition, massive IoT, location intelligence, IoT device API, private networks

Company overview

Polte Corporation company information

The essential company record, classifications and operating signals in one place.

Status
Closed
Founded
2016
Headquarters
Addison, United States
Employees
16
Open positions
None listed
Dealroom signal
0.0
client focusb2btechnologyArtificial IntelligencetechnologyBig DatatechnologyDeep TechtechnologyMachine LearningtechnologyIoT InternetOfThingssectorCloud Data Servicesbusiness modelSaaSsectorLocation BasedsectorIndoor NavigationsectorCore AIsectorHard TechsectorAI ApplicationssectorDT and LS

Valuation & funding

Polte Corporation funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCEquity / VC Aug 2021 $6.5M $91M Undisclosed
SERIES AEquity / VC Sep 2019 $13M $50M Undisclosed
Showing 2 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 16
2025 17
2024 17
2023 17
2022 18
2021 35
2020 34
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Polte Corporation website traffic

Latest recorded traffic for Polte Corporation is 640 monthly website visits, down 84% over the last three months. Polte Corporation's team declined 5.9% over the past year.

Latest monthly visits640 3-month web change-84% 1-year team growth-5.9%
Monthly website visits46 observations · Dec 2018–Jan 2023
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Polte Corporation compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Polte Corporation's talent

Book a demo to see the people
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Where Polte Corporation has talent and traffic

Workforce by country
🇺🇸 United States · Addison HQ
Book a demo for the full country breakdown

In the news

Latest news about Polte Corporation

Recent press, funding announcements, and product moves mentioning Polte Corporation — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Polte Corporation

An AI-synthesized read of the highest-engagement posts about Polte Corporation on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Polte Corporation’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.