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Ooma Acquires Butterfleye, a Smart Video Security Platform for Home and Business

December 20, 2017

SUNNYVALE, Calif., Dec. 20, 2017 (GLOBE NEWSWIRE) -- Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today announced that it has acquired Butterfleye, Inc., an AI-powered video camera and security platform. Butterfleye’s smart video camera with AI for facial and audio recognition will be integrated into the Ooma Home security solution, and will also continue to function as a powerful stand-alone security system sold under the Butterfleye brand.

"Butterfleye offers a fantastic intelligent security camera system and we’re excited to add its capabilities to the Ooma Home security service," said Eric Stang, chief executive officer of Ooma. "Our strategy is to build upon Ooma’s smart communications platform to provide advanced connected home solutions and this acquisition is an important step in that direction."

“We are thrilled to join Ooma. With their support Butterfleye will be even better placed to develop the next generation in AI connected services for homes and businesses,” said Ben Nader, CEO of Butterfleye.

Ooma Home is a comprehensive do-it-yourself home security solution designed to work with the Ooma smart home phone service, the Ooma Telo. The system includes motion, water, door and window sensors in addition to the unique ability to remotely place a local 911 call from the home, thus providing all-encompassing protection and peace of mind for consumers.

Butterfleye is an intelligent, wire-free security camera with an ability to learn from what is going on around it. In 2015, the Butterfleye team was inspired by the idea of an intelligent camera savvy enough to detect people, pets, and various sounds, while being robust enough to continue working through internet and power outages.  After developing an early prototype, the Butterfleye camera, featuring advanced battery technology, 16 gigabytes of internal storage and on-board image processing, successfully launched with a $1 million Indiegogo campaign in 2016.

About Ooma, Inc.

Founded in 2004, Ooma creates new communications experiences for small businesses and consumers. Its smart platform serves as a communications hub, which offers cloud-based telephony, monitoring and security, and other connected services. Ooma combines PureVoice HD call quality and innovative features with mobile applications for reliable anytime, anywhere communications. The company has been ranked the No. 1 home phone service for overall satisfaction and value for five consecutive years by the leading consumer research publication. Ooma is available in stores and online from leading retailers. For more about Ooma, visit www.ooma.com or follow us on Twitter, LinkedIn or Facebook.   For more information about Butterfleye, visit www.getbutterfleye.com

Media Contacts
Jim Gustke / Ooma
jim.gustke@ooma.com
(650) 566-6613

Lyda Velez / Access the Agency
Ooma@accesstheagency.com
(415) 844-6276

 

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Source: Ooma, Inc.

1Purchase of Ooma Telo required, beginning at suggested retail price of $129.99. Ooma's free home phone service does not include high-speed Internet or broadband service. Free home calling offered in the United States only. Federal universal service charges, FCC regulatory fee, state and local taxes, fees & surcharges and regulatory and compliance fees are billed monthly and are subject to change. To determine the specific charges in your area, go to http://www.ooma.com/rates. Transfer of your existing phone number, where available, requires a one-time processing fee. Ooma Premier. and other enhanced features carry a monthly service fee and may require additional peripheral devices sold separately.

Unlimited U.S. calls are subject to normal residential usage limitations. See http://www.ooma.com/termsandconditions for current usage limitations. International calls are billed per minute and must be prepaid. Directory assistance (411) calls are billed per call. See http://www.ooma.com/rates. Ooma E911 service operates differently from non-Internet 911 service. See http://www.ooma.com/911 for details. Some alarms, faxes and other devices may not be compatible. Additional terms apply, see http://www.ooma.com/termsandconditions.

Any questions? Call us (free, of course). Call 866.452.6662. Monday-Friday 5am-5pm PST, Saturday-Sunday 8am-5pm PST.

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