Assertion Supported AI assessment confidence: 88% certainty 4/5 debate potential 2/5

Frederick: Circle's patented hardware tracks indoor locations with shoulder-to-shoulder accuracy

Robert Frederick · 1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR · Feb 19, 2019 · at 4:15

Robert Frederick, founder and CEO of Circle, explains the technical tracking capabilities of Circle's multi-radio IoT hardware platform.

0:00 / 0:34exact quote · 34.3s
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“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 store. It can actually determine down to, I call it show or we call it shoulder to shoulder accuracy of where everyone in that particular building is located or where the devices are in that building.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Robert Frederick

Disclosure
Circle's passive radio tracking acts as surveillance without user opt-in
“We do that without even having a need to opt-in. It's sort of like radio surveillance.”
Robert Frederick Feb 19, 2019 ▶ 8:22 1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Assertion Not 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 Frederick Feb 19, 2019 ▶ 3:40 1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Assertion Partly 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 Frederick Feb 19, 2019 ▶ 12:50 1305 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 Frederick Feb 19, 2019 ▶ 14:27 1305 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 Frederick Feb 19, 2019 ▶ 16:15 1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
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