OPAX logo — company profile

OPAX

Founded 1999 Norway Norway 5 employees Series B Total: $3.36M Privacy and Security

General Information

Company Name OPAX
Founded Year 1999
Location Norway Norway +1
Employees 5
Industries Privacy and Security
Funding Stage Series B
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About OPAX

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 Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Series B •••••• 2 •••• •••• 28 Mar 2008

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FAQ About OPAX

By using intelligent algorithms OPAX solution can understand what a video feed from a CCTV system is showing, and hence sound alarms if needed or simply register events for future forensics. OPAX solutions improve quality and lower the costs of surveillance with cutting-edge technology used and pro...
OPAX was founded in 1999.
OPAX is headquartered in Norway.
OPAX operates in the following industries: Privacy and Security.
OPAX has approximately 5 employees.
OPAX has completed 1 funding round, raising a total of $3.36M. The latest funding stage is Series B.
Top alternatives and competitors to OPAX include TVD IT TECHNOLOGY, Global e Solutions, eLine Technology, 360 Vision Technology Ltd, CCTV Camera Pros. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OPAX and TVD IT TECHNOLOGY are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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