PowerTags
Industrial IoT Tracking and Monitoring
Company Overview
Snapshot
Founded in October 2012 by Yaniv Reibenbach, Avi Werner, and Ian Kaplan, PowerTags operates with 1–10 employees. The company has raised $2 million across one funding round from 2 investors. In January 2014, PowerTags secured funding from Alexander Gerko and Rockstart Accelerator.
Business overview
PowerTags specializes in industrial IoT tracking and monitoring, providing location-tracking technology for people and assets. Its core offering includes a management system installed on customer servers, configurable as a cloud or local solution, which enables automatic inventory of remote assets and personal safety. The system features centralized management software, a position engine for tag locations, and an autonomous rule engine for integration with external software and hardware. PowerTags also developed a Medical Center app utilizing real-time location systems and IoT to track patients, staff, and assets, aiming to enhance patient throughput and productivity within the healthcare sector. The company operates within the Industrial Technologies sector, focusing on enterprise solutions.
Strategic signal
In May 2015, PowerTags partnered with Intel, a significant validation of its industrial IoT tracking and monitoring technology. This collaboration signaled strong market interest and potential for broader adoption of PowerTags' solutions within the industrial and enterprise sectors, highlighting its relevance in the evolving IoT landscape.
Log in to access full profile ›Company Intelligence Q&A
- What is PowerTags' primary focus?
- PowerTags focuses on industrial IoT tracking and monitoring, providing location-tracking technology for people and assets, with an emphasis on personal safety and automatic inventory management.
- When was PowerTags founded and by whom?
- PowerTags was founded in October 2012 by Yaniv Reibenbach, Avi Werner, and Ian Kaplan.
- What is the status of PowerTags?
- PowerTags is currently non-active, having ceased operations in December 2022.
- What was a key partnership for PowerTags?
- In May 2015, PowerTags partnered with Intel, which was highlighted as a significant development for the company.
- What type of funding did PowerTags receive?
- In January 2014, PowerTags secured seed funding from Alexander Gerko and Rockstart Accelerator.