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

Sunnyvale, CA - Wednesday, December 20th, 2017

Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today announced that it has acquired Butterfleye – Ooma Home Security Cam., 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.

Ooma (NYSE: OOMA) provides leading communications services and related technologies that bring unique features, ease of use, and affordability to businesses of all sizes and residential customers through a smart cloud-based SaaS platform. For businesses, Ooma delivers advanced voice and collaboration features including messaging, intelligent virtual attendants, and video conferencing to help them run more efficiently. For consumers, Ooma’s residential phone service provides PureVoice HD voice quality, advanced functionality and integration with mobile devices. Learn more at www.ooma.com or www.ooma.ca in Canada.


Contact:

Investors
Matthew S. Robison
Director of IR and Corporate Development
Ooma, Inc.
email: ir@ooma.com
phone: (650) 300-1480

Media
Mike Langberg
Director of Corporate Communications
Ooma, Inc.
email: press@ooma.com
phone: (650) 566-6693