Ooma dials up $18.3M for free landlines via VoIP
Ooma, provider of a voice-over-internet box that lets users make free land-line calls, brought in $18.3 million in a fourth round of venture financing, reports paidContent. It raised $14 million of this sum back in June.
Based in Palo Alto, Calif., the company says it now sells its box, priced at $249.99 a pop, through 5,000 retailers like BestBuy, Costco and others.
Ooma has now raised $61.0 million to date. The recent round came from Worldview Technology… Continue Reading
Ooma raises $14M more amid tough round
updated
Ooma, the much-hyped company that sells an expensive VoIP box ($249) that you can install in your homes to make free land-line calls, has raised another $14 million in venture capital, we’ve confirmed.
TechCrunch reported the story earlier, but loosely reported that financing “wiped out” earlier investors who chose not to participate in the round. However, we’re hearing it was not a wipe out. Rather, existing investors that did not participate were converted into common, so… Continue Reading
Roundup: Veoh sues, MySpace’s tiny profit, Nirvanix, Wikipedia’s color-coding, more
Here’s the latest action:
Veoh Networks files preemptive suit against Universal Music Group — Veoh, the San Diego video start-up we’ve written about, said it filed the suit to assert its rights as a copyright-compliant company after UMG threatened it with litigation.
Geni gets cloned by a German Verwandt, but there’s also Israeli MyHeritage — Verwandt, the German copycat of the family tree social network company Geni, told us last month it had raised financing from Neuhaus Partners, and… Continue Reading
Ooma’s free land-line calling service
Updated
Ooma, a Palo Alto company, is letting you make free land-line phone calls to anyone in the United States.
It hopes to let people share their phone lines with each other to bypass having to use a major telecom companies.
Here’s how it works: You install an Ooma “hub” device, costing a $399 one-time fee, in your home. This routes phone calls through your computer or your land-line. Ooma’s device also sends and receives calls for other… Continue Reading
Roundup: Netvibes2Go, Ooma, Wesabe, Second Life voice, Google traffic, more
Here’s the latest action:
Netvibes offers Netvibes2go — Netvibes, the company that has gotten buzz with its cool personalized home page service, is offering a mobile version called Netvibes2Go. It lets you access all your info — contained in useful modules, including email, calendar, to-do list and any RSS feed — while you’re on the go. To get it, you have to configure your Netvibes account on a PC first (creating a new tab, called “mobile” and… Continue Reading
Ooma, home communications co., raises $12M
Updated
Ooma, a secretive Palo Alto, Calif. company that has labored for more than two years to produce a telecommunications product for the home, has raised $12M of an $18M Series B round, according to a regulatory filing cited by PE Week. Return backers include Worldview Technology Partners and Draper Fisher Jurvetson, the report said
Not mentioned, however, is the investment by Sean Parker, partner at the Founders Fund. Parker invested last year, a source tells VentureBeat.
The… Continue Reading