Origin Wireless Completes Its B1 Financing Round with Over-subscription
Summary
Greenbelt, MD, December 23, 2019 --( Prior to the closing, Origin Wireless achieved all the key milestones as a high-tech startup, and is now actively transitioning to a growth stage business. The company has validated its business model through the successful launch of its first commercial product with Linksys™, and solidified partnerships with several key strategic industry leaders while continuing to build out its robust IP portfolio. Its patented TRM™ technology, winning a prestigious CEATEC Grand Prix Award, enables partners to build a wide range of WiFi smart home, health, and indoor tracking applications with high performance, low cost, and ease of use. The company has validated its business model through the successful launch of its first commercial product with Linksys™, and solidified partnerships with several key strategic industry leaders while continuing to build out its robust IP portfolio. Its patented TRM™ technology, winning a prestigious CEATEC Grand Prix Award, enables partners to build a wide range of WiFi smart home, health, and indoor tracking applications with high performance, low cost, and ease of use.For more information on Origin Wireless, visit www.originwirelessai.com, or contact Walter Lau at walter.lau@originwirelessai.com.