P
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
Valuation & funding
Polte Corporation funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Aug 2021 | $6.5M | $91M | Undisclosed | — |
| SERIES A✓Equity / VC | Sep 2019 | $13M | $50M | Undisclosed | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 16 |
| 2025 | 17 |
| 2024 | 17 |
| 2023 | 17 |
| 2022 | 18 |
| 2021 | 35 |
| 2020 | 34 |
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.
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.
Talent graph
Polte Corporation's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Polte Corporation has talent and traffic
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.
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.







