Ooma No Go Booma

Well, this sure was interesting news on a few levels. I'm not going to rehash the history, but I've been following Ooma from the begining, and not long after, Tom Howe got into the mix and made a public wager they would not last a year.

Looks like Ooma has proven him wrong as they just raised $16 million, and not a day too soon with the markets being in meltdown mode now.

This has all unfolded in the past couple of days, and it's just bubbling up on my radar. It's newsworthy - not just because a company that most people I know are highly skeptical of in terms of staying power - but because fellow bloggers Alec Saunders and Tom have responded accordingly to make good on the wager.

And then you just have to wonder how Ooma can keep attracting capital while really cool startups like Iotum and Fonolo struggle to just get a few crumbs. Life doesn't seem fair, does it?

Anyhow, you can read all about it on Tom's post, and it will be one more thing for us to talk about next week at BroadSoft Connections.


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