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
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