Pole Star raises Series B financing for U.S. expansion

Fraser advises Pole Star SA, a leading provider of indoor geo-localisation and navigation solutions in France, on its growth financing led by iXO Private Equity and Hub Telecom.

Paris – May 17, 2011. Pole Star S.A., a leading provider of indoor geo-localization and navigation solutions in France, has raised Series B financing. The funds will allow Pole Star to accelerate its commercial deployment both in the US and in Europe while strengthening its technological leadership in areas such as 3D positioning and mesh-based localisation networks. The round was led by iXO Private Equity and Hub Telecom. For more information, please visit www.polestar.eu.

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