Palo Alto, CA - Wednesday, September 23rd, 2015
Ooma, Inc. (NYSE: OOMA), a leading smart business and home communications platform, was named one of the fastest growing private companies of 2015 by leading Bay Area business media organizations, Silicon Valley Business Journal and San Francisco Business Times.
Distinguished by its products’ superior voice quality, low-cost and ease of use, in fiscal year 2015 Ooma’s revenue and core user base increased 36% and 34 percent, respectively, in comparison with fiscal year 2014. Additionally, the company recently announced strong second quarter financial results, with a subscriptions revenue growth of 37 percent year-over-year and a core user base increase of 29 percent year-over-year.
“We are honored to have been recognized as one of the fastest growing companies in Silicon Valley and San Francisco,” said Eric Stang, chief executive officer of Ooma, “This distinction underscores how Ooma offers the best communications solutions for our small business and home customers, and continues to rise above the competition by offering the value and reliability users expect from our brand.”
As small business and home communications continue to shift to the cloud, Ooma provides an affordable and innovative hybrid SaaS solution specifically tailored to meet small business and consumer needs – without the complexity or limitations of traditional phone systems. The company’s flagship consumer device, the Ooma Telo, replaces the standard landline with a revolutionary home phone system loaded with features including free calling in the U.S., unparalleled PureVoice HD voice quality, call screening, free mobile app calling from anywhere in the world, and integration with the Nest thermostat. Ranked as the best home phone service for overall satisfaction and value by the readers of a leading consumer research publication for five years running, Ooma continues to offer the ideal combination of innovative features, quality and convenience for consumers and small businesses alike.
Ooma (NYSE: OOMA) creates powerful connected experiences for businesses and consumers, delivered from its smart cloud-based SaaS platform. For businesses of all sizes, Ooma provides advanced voice and collaboration features that are flexible and scalable. For consumers, Ooma’s residential phone service provides PureVoice HD voice quality, advanced functionality and integration with mobile devices. Ooma’s innovative smart security solution delivers a range of wireless security sensors that make it easy for anyone to protect their home or business. Learn more at www.ooma.com.