Robert Frederick, founder of IoT platform Circle, explains how Circle's tracking hardware monitors physical spaces without requiring consumer app downloads or opt-in.
0:00 / 0:07exact quote · 7.5s
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“We do that without even having a need to opt-in. It's sort of like radio surveillance.”
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More from Robert Frederick
AssertionSupported
Frederick: Circle's patented hardware tracks indoor locations with shoulder-to-shoulder accuracy
“So we actually have patented hardware with multiple radios inside of it, and those radios, when you place the devices in in the right configuration around a room or a space, hallways, whatever, a stadium, A hotel, a casino, a hospital, you name it, a retail st…”
Robert FrederickFeb 19, 2019▶ 4:151305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
AssertionNot checkable as stated
Frederick: Circle's revenue split is roughly 70% software and 30% hardware
“Oh, it's probably around 7030. When it comes to software to 30% harder if that makes sense.”
Robert FrederickFeb 19, 2019▶ 3:401305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
AssertionPartly supported
Circle: Raised $9M at a $20M pre-money valuation
“Nine million at a 20 pre, so about thirty million dollars is the valuation of the company.”
Robert FrederickFeb 19, 2019▶ 12:501305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Disclosure
Circle has 15 enterprise customers paying up to hundreds of thousands monthly
“15.
15.
major, major customers.
And like I said tens of thousands a month.
Yep.
upwards to hundreds of thousands.”
Robert FrederickFeb 19, 2019▶ 14:271305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Disclosure
Frederick: Circle grows revenue 25% to 30% year-over-year
“We're basically around 25 to 30%.
Year over year.”
Robert FrederickFeb 19, 2019▶ 16:151305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
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