Monday, September 3, 2012

Ooma gets $16M in 3rd round - Silicon Valley / San Jose Business Journal:

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Palo Alto-based ooma said funders includedMenlo Park-based , San Mateo-based , San Francisco-based LLC, China-based , the Washington, D.C.-based (a venturer capital fund whose board includes the chairman of the Federa Communications Commission), and San Francisco-based . “This fundingf is the next stepin ooma’s continued nationap expansion. Investments will be made in additional an expanded support team and a nationalkretail network,” said Andrew Frame, ooma CEO.
“Ag ooma, we are dedicated to offering consumers a high qualityy and economical domestic telephone We all should expect more from the phonr industry than bundled pricing At ooma, we believe the phone should be the communicationj hub of the home, and we plan to continued evolving our product and services to adapt to our home communication needs and preferences.”

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