Home PC News Ben duPont and Phil Stern join Indoor Location Market Leader Pointr as...

Ben duPont and Phil Stern join Indoor Location Market Leader Pointr as Strategic Board Advisors

  • Chartline Capital Partners is the primary firm to hitch Pointr’s Series B spherical as Ben duPont and Phil Stern be a part of Pointr as board advisors
  • Pointr doubles gross sales yr on yr for its indoor location platform, accelerates US progress with new Boston workplace
  • Indoor location tech much more related as Covid-19 quickens the necessity for good and protected buildings

BOSTON–(BUSINESS WIRE)–August 26, 2020–

Pointr, a worldwide indoor location expertise agency, publicizes that Ben duPont and Phil Stern joined the corporate as strategic board advisors. The appointment comes as Pointr opens Series B spherical with Chartline Capital Partners, along with current buyers.

This press launch options multimedia. View the total launch right here: https://www.businesswire.com/news/home/20200826005458/en/

Pointr's Deep Location technology enables AR navigation and location intelligence inside buildings. ( Photo: Business Wire)

Pointr’s Deep Location expertise permits AR navigation and site intelligence inside buildings. ( Photo: Business Wire)

Pointr noticed income double yr on yr for four years straight for its Deep Location platform that helps indoor positioning, wayfinding, real-time occupancy counts, customer flows, contact tracing and geofencing. The firm has seen accelerated demand in latest months as companies intention to make buildings protected within the age of COVID-19.

“Pointr has been on a steady growth track as they managed to position themselves as leaders in indoor location technology,” mentioned investor Ben duPont, Managing Director at Chartline Capital Partners. “As people head back to buildings, now is the perfect time to make buildings safer and smarter and Pointr is well-positioned in a market that is expected to grow at 40% CAGR and reach $25bn in 5 years.”

“We are excited to welcome tech investors Ben duPont and Phil Stern to the team. Their expertise will support our US growth as we bring the power of location to buildings globally. Our Deep Location technology makes buildings safer and smarter in a way that’s highly scalable and easy to integrate with existing systems, as we partner with blue-chip firms such as Honeywell and Panasonic Lighting. We’ve already rolled out in over 1,000 buildings and counting”, mentioned Ege Apkinar, CEO at Pointr.

This appointment displays Pointr’s success and ambition within the North American market. Ever since Pointr’s first deployment within the U.S. three years in the past, the corporate has secured high-profile contracts throughout 50 states with clients such because the Metropolitan Washington Airports Authority, two the U.S.’s largest division retailer chains and the U.S. Department of Homeland Security.

About Pointr

Pointr is a worldwide chief in indoor location. Pointr’s Deep Location® software program expertise makes use of machine-learning strategies to create one of the best performing and the one scalable indoor location expertise out there at present. Deep Location® permits location-based companies corresponding to digital mapping, navigation, location monitoring, geofencing and highly effective location-based analytics. We work with main clients in retail, good office, aviation and hospitality throughout North America, Europe and Asia. Find out extra at www.pointr.tech

About WorkSafe™

As companies reopen, WorkSafe™ helps employers guarantee enterprise continuity, reassure their staff and implement compliance. WorkSafe is an enterprise answer that permits contact tracing, occupancy limits, congestion administration, protected routing and cleansing monitoring. The expertise builds on Pointr’s real-time indoor positioning software program which has already gained world recognition. WorkSafe is compliant with all information privateness guidelines and could be rolled out immediately with no {hardware} required. Find out extra at http://worksafe.pointr.tech

Media Contacts
Marianne Slamich
[email protected]

Most Popular

Recent Comments