Corporate Profile
A Smart Communications Platform for Businesses & Consumers
For businesses of all sizes, Ooma provides advanced voice, messaging and collaboration services. Ooma also provides copper/POTS line replacement solutions and a technology platform for other providers to develop their own custom services. For consumers, Ooma offers residential phone service incorporating PureVoice HD voice quality and other advanced functionality at a very affordable price.
Ooma delivers its services via the cloud from its unique multi-tenant SaaS platform. More than 90% of Ooma revenue is recurring, with a gross margin above 70% (on both a GAAP and non-GAAP basis). Ooma started serving consumers in 2009 and then expanded in 2013 with the launch of services for smaller-sized businesses. Since then, Ooma’s capabilities have scaled significantly and now encompass larger enterprises as well. Business customers now make up a growing majority of Ooma’s subscription revenue.
Ooma’s services are highly ranked by customers with top scores for more than 10 years in surveys by PC Mag and a leading consumer research publication.
Ooma Office is the solution for small to medium-sized businesses seeking enterprise-grade features. Ooma Office Essentials serves businesses with an easy-to-use suite of capabilities at an entry level price. For businesses that require additional solutions, Ooma offers Office Pro and Office Pro Plus with features including secure HD video meetings, call recording, enhanced call blocking, voicemail transcription, integration with other enterprise applications, and more.
For larger businesses with more advanced requirements, Ooma Enterprise provides highly customizable, flexible, and scalable solutions. And for companies that want to provide their own unique communications services, Ooma’s 2600Hz platform enables businesses and service providers to build their own communications solutions.
Ooma AirDial brings cloud service to replace analog copper-wire infrastructure, also known as plain old telephone service (POTS). As copper lines become more expensive and are increasingly turned off, Ooma AirDial steps in to maintain safety devices and business-critical systems that traditionally required a POTS line, such as fire alarm panels, elevator phones and building entry systems.
Ooma Telo is a complete home communications solution designed to serve as the primary phone line delivering high-quality voice communications, advanced calling features and connected services not offered by traditional landlines.
Millions of people use Ooma’s services every day, and Ooma is growing steadily. While most of Ooma’s customers are in the United States and Canada, Ooma now provides services in more than 30 countries.
Year Founded:
2003
Industry:
Software/Technology
Personnel:
1,157 (employees and contractors)
Fiscal Year End:
January
Headquarters:
525 Almanor Avenue, Suite 200, Sunnyvale, California 94085
Exchange/Trading Symbol:
NYSE/OOMA, IPO 2015