Raleigh-based OBX Computing, which is developing a platform to deliver various cloud-based services from LED lights with sensors. WiFi, ports, and camera, has raised $50,000 of a $3 million equity offering, according to a regulatory filing.
The company disclosed the raise in a filing with the U.S,.Securities and Exchange Commission July 15.
In Columbia University Magazine, co-foudner Ara Bederjikian wrote: “After working on Wall Street for over 17 years, I have decided to start my own company, which is based in Raleigh, NC. OBX Computing Corporation (“OBX”) was founded by Tom Sullivan and me in October 2012 on the premise of connecting LED lights via a WiFi mesh network and creating an eco-friendly platform to deliver various cloud-based products and services. Each LED light contains a module that includes a microprocessor, WiFi antennas, and ports for sensors and cameras.”
He continued, “The platform of technology-enhanced LEDs can be installed inside or outside and provides enhanced lighting control, Internet connectivity, and computing power to its owners. The company has a patent pending on its platform. The platform is targeted for installation in office buildings, schools, government buildings, and homes, etc. To date, OBX has raised $535,000 from outside investors and completed its first commercial installation in December 2014. Currently, I am a board member and the president of the Institute of Management Accountants (IMA) New York chapter, an association for accountants and financial professionals in business, a not-for- profit organization, which has over 700 members.”
The company’s sells an LED-based platform called AETHEROS. The platform consists of an encrypted Wi-Fi mesh network of technology enhanced LED lights that support enhanced lighting controls and high-quality Wi-Fi access/extension through the networks multiple LED access points.
For more information see: http://www.obxcc.com/index.html
For the filing with the U.S. Securities and Exchange Commission see: http://www.sec.gov/Archives/edgar/data/1580268/000158026815000001/xslFormDX01/primary_doc.xml