OPAX, a Norwegian company founded in 1999, specializes in privacy and security solutions. The company's intelligent algorithms enable video analysis from CCTV systems, allowing for event registration and alarm activation. With a strong R&D background and military heritage, OPAX offers cutting-edge technology for demanding surveillance applications. The company's solutions not only improve surveillance quality but also reduce costs by automating labor-intensive tasks. Notably, OPAX garnered a significant $3.36M Series B investment on 28 March 2008, with backing from renowned investors such as Saab and Equinor. This funding reflects the confidence in OPAX's ability to transform the security industry with its innovative approach.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series B | $3.36M | 2 | Saab, Equinor | 28 Mar 2008 |
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