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July 03, 2015 11:42 PM ET

Diversified Telecommunication Services

Company Overview of Ooma, Inc.

Company Overview

Ooma, Inc. provides communications solutions and other connected services to small business, and home and mobile users in the United States and Canadian markets. The company offers Ooma Office Mobile HD app that allows users to remotely access their business communications system to make, receive, and transfer phone calls; Ooma Telo, a home communications solution designed to serve as the primary phone line in the home; and the Ooma Mobile HD app, which allows Ooma Telo users to make and receive phone calls and access Ooma features and settings with iOS or Android device over a Wi-Fi or cellular data connection. It also provides Ooma HD2 handset, a wireless handset with a color display that ...

1880 Embarcadero Road

Palo Alto, CA 94303

United States

Founded in 2003

116 Employees



Key Executives for Ooma, Inc.

Chief Executive Officer, President and Director
Age: 55
Founder and Chairman
Chief Financial Officer
Age: 46
Vice President of Engineering and Operations
Vice President and General Counsel
Compensation as of Fiscal Year 2015.

Ooma, Inc. Key Developments

Ooma Looking For Acquisitions

Ooma, Inc. has filed an IPO in the amount of $86.25 million. Ooma intend to use the net proceeds from this offering primarily for general corporate purposes, including working capital, sales and marketing activities, general and administrative matters, capital expenditures and further development of solutions. It will also use a portion of the net proceeds to repay outstanding borrowings under credit facilities and may use a portion to acquire other businesses, products or technologies. There have been no agreements or commitments for any specific acquisitions at this time.

Ooma Launches Ooma Office Business Promoter to Drive Customer Acquisition for Small Business

Ooma, Inc. expands its Ooma Office platform with the launch of Business Promoter, a powerful lead generation tool designed for small businesses to drive customer acquisition. Business Promoter's powerful lead generation capabilities are built into the Ooma Office smart communications platform, taking the Ooma Office service beyond telephony to deliver value-added business capabilities to small businesses. Ooma Office Business Promoter is designed to help small businesses broaden their marketing reach by building and optimizing their online presence and by providing targeted advertising support to help them get found by potential customers. Incorporating lead generation into the Ooma Office smart communications platform enables businesses to drive more inbound customer phone calls, operate more efficiently and gain transparency into the effectiveness of their marketing efforts. Ooma Office small business phone service starts at $19.98 per month, and Ooma Office customers using Business Promoter only pay for high-quality, qualified leads to their business. A breakdown of activity and performance is emailed to users weekly, with a 60-day view available for accounts through the Ooma Office Manager online portal.

Ooma, Inc. Expands its Ooma Office to Empower Small Business Owners with the Ultimate Versatility in their Phone System

Ooma, Inc. is expanding its Ooma Office(TM) to empower small business owners with the ultimate versatility in their phone system. The business phone system now includes SureFax(TM) to significantly improve VoIP faxing success, a user version of the Ooma Office Manager online portal for greater individual customization, and the addition of toll-free numbers. The new features are available and come as a standard part of all existing Ooma Office subscriptions. In taking Ooma Office to the next level, the company tackles one of businesses' great challenges with VoIP phone systems: faxing. Historically, analog faxing has been a painful experience over VoIP -- the added layers of complexity coupled with the need for consistent high-speed Internet leads to a high failure rate. For small business owners looking to leverage the productivity and cost-savings of VoIP, the unreliability of faxing is a huge hurdle. Ooma has made significant strides in improving faxing success rates with its new SureFax feature and Ooma Office is now optimized to more reliably send and receive faxes over virtually any high-speed Internet connection. SureFax has been automatically rolled out to all users as a software upgrade to the Ooma Office Base Station device and is another example of the power and flexibility of the Ooma Office solution. Ooma has also reduced the administrative burden on business owners. The current Ooma Office Manager gives administrators total control over their business phone systems, from setting up extensions to configuring virtual receptionists. Now Ooma brings a similar ability to create a custom phone experience to each small business staff member with a user version of Ooma Office Manager. This web-based portal gives each user their own view into the Office system and lets them listen to voicemail, view call logs, set call forwarding and update other preferences. It also enables click-to-call so users can make and return calls with one-click on a phone number inside the portal. Ooma Office now enables businesses to add or port a toll-free number to their account for the same $9.99 per number monthly fee as local numbers. Toll-free numbers come with 500 minutes of free calling per month.

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