Greenbelt Maryland based Origin Wireless is raising $15,000,000.00 in New Equity Investment.
Greenbelt, MD – According to filings with the U.S. Securities and Exchange Commission, Origin Wireless is raising $15,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ray Liu played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Origin Wireless
Origin delivers Wireless AI for Smart Life by developing advanced wireless sensing technologies for a wide range of applications, including the world’s first centimeter-accuracy indoor positioning system, as well as a suite of motion sensing, breathing/sleep monitoring, and fall detection solutions. Our three core product lines – Origin Home, Origin Health, and Origin Tracking – target smart homes, cars, buildings, and factories, with use-cases in security monitoring, asset/people tracking, and elderly well-being monitoring. Our patented wireless AI algorithms leverage the rich but unavoidable multipaths of propagating WiFi signals, yielding unprecedented visibility of the indoor environment.
To learn more about Origin Wireless, visit http://www.originwirelessai.com/
Contact:
Ray Liu, Chief Executive Officer
301-806-1168
ray.liu@originwireless.net
https://www.linkedin.com/in/k-j-ray-liu-55791a103/
SOURCE: http://www.intelligence360.io
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