BrightCodes Technologies

Remote Digital Content Scanning Solution

Business Software
Non Active, Jan 2023 ceased to operate
Mature Tel Aviv-Yafo Founded 2015
LinkedIn
Total raised
$415K
Last: Equity crowdfunding 2019-03
Stage
Mature
Founded
2015
Headcount
5
HQ
Tel Aviv-Yafo
Sector
Business Software

About

BrightCodes develops an innovative visible light communication (VLC) technology that uses LED lights to send information to mobile devices in a way that is imperceptible to the human eye. Its active optical tags, known as BrightCodes, deliver digital messages over long distances using a relatively small light-emitting area. A typical BrightCodes tag is approximately 10% of the size of a comparable QR code at the same scan distance. BrightCodes tags are poised to transform the mobile user experience in areas such as museums and exhibitions, physical retail establishments, and out-of-home advertising displays by providing a convenient bridging mechanism between the offline and the online worlds. One application for BrightCodes technology is in optimizing mobile contactless payments. The dynamic version of BrightCodes tags, Dynamic BC, enables transmission of variable information at high speeds, making it ideal for mobile payments at the point-of-sale (POS). Dynamic BCs provide a safer, cheaper, and much smaller alternative to current dynamic QR codes, which require a complex flat screen apparatus for display. BrightCodes solution is fully compatible with any QR payment standard, making it easily integrated into existing QR code-based mobile wallet platforms.

Funding history · 2 rounds · $415K total

2019-03
Equity crowdfunding $160K
2018-02
Pre-Seed $140K

Sectors & technology

Primary sector
Business Software
Sub-sectors
Retail Platforms
Technologies
SensingChromatics & Light
Target customers
Commerce & RetailDistribution ChannelsOmni ChannelSupermarketsFinancial ServicesFinancial InstitutionsBanks
Business model
B2BB2B2C

Highlights

1 PatentsVerified

Tags

mobile-applicationseventsdigital-mediasensorsmobile-advertisingledscanningcamerasadvertisinglightingnavigationsmart-citylocation-basedmobile-devicesecommercefinancial-institutionsretailerssdk