INSUBCONTINENT EXCLUSIVE:
Polte has raised another $12.5 million
The company is building a service that leverages 4G (and potentially 5G) signal to track things for commercial and industrial use cases
The main advantage is that using cellular signal uses a lot less battery than acquiring GPS location and transmitting it over
stuff on the move with as little battery as possible
etc.If you want to use an IoT device to track a package over multiple weeks, it can be a costly effort as you need to determine the location
of the package using GPS and transmit the location of the package over the air
signal to triangulate a position with a database of Wi-Fi access points
It works with existing modems; Polte is a software solution
None of the computing is done on the device itself
way, you can use cheaper IoT devices to track packages
