Ooma
 |
|
| Public | |
| Traded as | : OOMA |
| Industry | Telecommunication services |
| Founded | Palo Alto, California, U.S. in 2004 |
| Founder | Andrew Frame |
| Headquarters | 1880 Palo Alto, California 94303, Palo Alto, California |
|
Key people
|
Eric Stang, CEO |
| Products | Voice over IP, Talkatone |
| Revenue | $99.74 million (2016) |
| Total equity | $153.4 million |
| Website |
www |
www
Ooma is an American publicly traded consumer telecommunications company based in Palo Alto, California. Ooma offers voice-over-IP (VOIP) calling using an Internet connection. It is a leading provider of innovative communications solutions for small business, home and mobile users. In 2015, Ooma was named one of the fastest growing private companies by Silicon Valley Business Journal.
Ooma was founded by Andrew Frame, who previously worked for Cisco Systems, in 2004. Ooma's initial product was a "VoIP in a box" device which used peer-to-peer VoIP technology to let users make phone calls over other Ooma users' landline services. The system works through a "hub" which connects to the main phone line as well as "scouts" which connect to additional phones. In January 2008, Ooma terminated the use of peer-to-peer technology.
PC Magazine awarded Ooma the DigitalLife Best of Show award in the hardware innovator category for the Ooma Hub in 2007. Frame stepped down from his role as CEO in 2009 while hiring his replacement, Eric Stang. That same year, Ooma released its Telo system, which consisted of a base system to access unlimited calling and caller ID. In 2009, Ooma was awarded an Internet Telephony product of the year award for its development of Ooma Telo and the Ooma Telo handset. That same year, Ooma was given the TMC Labs Innovation Award for the Ooma Hub and Ooma Scout. Ooma received the gold consumer product of the year award as part of the Best in Biz Awards in 2011.
In 2011, it was announced that Ooma's VoIP-In-A-Box was expanding to Canada.
Ooma unveiled its HD2 handset in November 2012. The handset includes one-touch voicemail, an intercom, and baby monitoring features. Ooma also launched Ooma Linx in 2012 which used an AC outlet to connect any phone or fax machine to the Telo base station. In December 2012, Ooma received the Internet Telephony Product of the Year award for its development of the Telo, HD2 handset and Linx.
Ooma worked with West Valley City, Utah, in June 2014 to offer free telephone service to households through a fiber network. In 2015, Ooma was named one of the fastest growing private companies by San Francisco Business Times and Silicon Valley Business Journal. That same year, it was a gold winner of the Best of Biz Awards.
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