Pointr, a global indoor location technology firm, announces that Ben duPont and Phil Stern joined the company as strategic board advisors. The appointment comes as Pointr opens Series B round with Chartline Capital Partners, in addition to existing investors.
HR Technology News: TecHRseries Interview with Venkat Ramasamy, COO and VP Marketing for FileCloud
Chartline Capital Partners joins Pointr’s Series B round. “Pointr has been on a steady growth track as they managed to position themselves as leaders in indoor location technology,” said investor Ben duPont.
Pointr saw revenue double year on year for 4 years straight for its Deep Location platform that supports indoor positioning, wayfinding, real-time occupancy counts, visitor flows, contact tracing and geofencing. The company has seen accelerated demand in recent months as businesses aim to make buildings safe in 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,” said 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.”
HR Technology News: TecHRseries Interview with Todd Greene, CEO and Co-founder at PubNub
“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”, said Ege Apkinar, CEO at Pointr.
HR Technology News: G&A Partners Named One of San Antonio’s Top Workplaces of 2020