Tech Company Financing Transactions
Origin Wireless Funding Round
Origin Wireless, operating out of Greenbelt, raised $14 million from Alarm.com and Verizon Ventures.
Transaction Overview
Company Name
Announced On
2/23/2021
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to commercialize its wirelessAI value-added products and services with many global partners.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
7500 Greenway Center Dr.
Greenbelt, MD 20770
USA
Greenbelt, MD 20770
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Origin Wireless was founded by Dr. Ray Liu, a Distinguished University Professor at the University of Maryland. Dr. Liu and his team discovered a new way to use WiFi. Instead of just providing an internet connection, they realized WiFi could be used for sensing. This was a major breakthrough.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ray Liu
Browse more venture capital transactions:
Prev: 2/23/2021: ABclonal Biotechnology venture capital transaction
Next: 2/24/2021: Aviatrix Systems venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs