# Opax AS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/opax

- Industry: Software
- Headquarters: Norway
- Website: www.opax.com
- Latest round: Series A (Jun 1, 2006)
- Investors on record: 1

## About

Opax AS is a Norwegian company that provides advanced security solutions, specializing in wired and wireless alarm systems integrated with WiFi and GSM technologies for both residential and commercial sectors.Opax AS operates in the security solutions sector, providing wired and wireless alarm systems. The company was founded in Norway, although specific founding details and the founders' histories are not publicly documented. Opax has previously raised funding, including a deal in May 2010 with Saab Ventures, but financial details were not disclosed. The firm has completed a total of 3 deals, with the most recent deal occurring on May 24, 2010.Opax Engineering specializes in comprehensive security solutions, primarily focusing on wired and wireless alarm systems supported by WiFi and GSM technologies. Their product suite includes alarm control panels, ready-made alarm sets, movement detectors, fire detectors, magnetic contacts, and outdoor beam detectors. These devices are designed to detect security breaches, fire hazards, and environmental threats, providing clients with prompt alerts to mitigate risks. Opax's solutions cater to both residential and commercial markets, emphasizing the growing need for enhanced safety measures. The company distributes its products not only within Turkey but also targets international markets, ensuring a wide reach to various end-users seeking reliable security solutions.In the year 2022, Opax Engineering reported a revenue of USD 0.00 and an EBITDA of USD -1,109.4.Opax AS is currently developing new security products, although specific details on upcoming releases have not been disclosed. The company is also targeting expansion into international markets to increase its customer base. Funding raised in May 2010 will likely be utilized to support these initiatives, although specific allocation details were not provided.

## Funding rounds

- Series A, Jun 1, 2006 — Energy Capital Management

## Investors

- Energy Capital Management (https://capitalatlas.ai/funds/energy-capital-management) — Series A