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Red Point Positioning
Cambridge, US · Founded 2014 · Delaware corporation · 1 known investors
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Redpoint Positioning provides real-time location system (RTLS) technology delivering location services for industrial and mission-critical operations in harsh environments such as warehouses, chemical plants, and tunnels. Its system offers millisecond-level accuracy across spaces ranging from single rooms to large multi-building campuses, aimed at improving safety, defect reduction, and productivity.
Founders & leadership
Red Point Positioning was founded in 2014 by Antti Korhonen, Chunjie Duan, and Andrew Berman.
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Antti KorhonenCo-founder
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Chunjie DuanFounder, CEOChunjie Duan is an executive officer and director at Red Point Positioning, which develops ultra-wideband real-time location systems for automated warehouses and industrial facilities.
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Andrew BermanCo-founder
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Jonathan HorneCo-founder, VP Product Management2015–2017Jonathan Horne is Executive Officer at Red Point Positioning, a provider of real-time location system technology for industrial and mission-critical operations. He has over 30 years of experience in wireless communications, digital signal processing, and software-defined radio, and has built and managed teams developing solutions for mission-critical applications.
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Georgiy PekhteryevSVP of EngineeringGeorgiy Pekhteryev brings over 25 years of experience in software design, system architecture, wireless communications, and digital networking. He is Executive Officer of Red Point Positioning, which develops real-time location system technology for industrial and mission-critical operations in harsh environments.
Board
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Jun ZhangBoard director
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Larry HarperBoard director
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Zhe XuBoard director
Investors · 1
Reported raises · per SEC filings
Form D private placements$6.2M disclosed across 2 rounds · 2016–2020
▶$3.8MraisedJun 2020 · 3 investors · Other TechnologyRule 506(b)
▶$3.8MraisedJun 2020 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Georgiy PekhteryevExecutive Officer
- Chunjie DuanExecutive Officer, Director
- Andrew BermanExecutive Officer, Director
- Jun ZhangDirector
- Larry HarperDirector
- Zhe XuDirector
- Offering amount
- $7M
- Amount sold
- $3.8M
- Minimum investment
- $100K
- First sale
- Mar 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.4MraisedOct 2016 · 3 investors · Other TechnologyRule 506(b)
▶$2.4MraisedOct 2016 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Antti KorhonenExecutive Officer, Director, Promoter
- Chunjie DuanExecutive Officer, Director
- Jonathan HorneExecutive Officer, Promoter
- Jun ZhangDirector
- Offering amount
- $5.5M
- Amount sold
- $2.4M
- Minimum investment
- $500K
- First sale
- Sep 2016
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does Red Point Positioning do?
- Redpoint Positioning provides real-time location system (RTLS) technology delivering location services for industrial and mission-critical operations in harsh environments such as warehouses, chemical plants, and tunnels. Its system offers millisecond-level accuracy across spaces ranging from single rooms to large multi-building campuses, aimed at improving safety, defect reduction, and productivity.
- Who founded Red Point Positioning?
- Red Point Positioning was founded by Antti Korhonen, Chunjie Duan, Andrew Berman in 2014.
- Who are Red Point Positioning's investors?
- Red Point Positioning's investors include Stanley Ventures.
- How much funding has Red Point Positioning raised?
- Red Point Positioning has disclosed $6.2M raised across 2 rounds.
- Where is Red Point Positioning headquartered?
- Red Point Positioning is headquartered in Cambridge, US.