Tech Company Inital Public Offerings

Ooma IPO

Ooma, based in Sunnyvale, debuted as a public company on 7/17/2015.

Transaction Overview

Company Name
Announced On
7/17/2015
Transaction Type
IPO
Amount
$65,000,000
Proceeds Purpose
We currently will use the net proceeds to us from this offering primarily for general corporate purposes, including working capital, sales and marketing activities, general and administrative matters, capital expenditures and further development of our solutions. Approximately $0.9 million of the net proceeds from this offering, based upon the assumed initial public offering price of $17.00 per share (the midpoint of the estimated offering price range set forth on the cover page of this prospectus), may be paid to the holder of a warrant exercisable for 70,287 shares of our Series Alpha convertible preferred stock, which may be exercised or settled in cash, net of the aggregate exercise price, upon the closing of this offering. We intend to use approximately $10.7 million of the net proceeds from this offering to repay the outstanding principal and accrued interest on our existing loans with Silicon Valley Bank.

Company Information

Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
525 Almanor Ave. 200
Sunnyvale, CA 94085
USA
Email Address
Overview
Ooma (NYSE: OOMA) is a breakthrough technology start-up, based in Palo Alto, CA which is committed to transforming the landscape of consumer telephony.
Profile
Ooma LinkedIn Company Profile
Social Media
Ooma Company Twitter Account
Company News
Ooma News
Facebook
Ooma on Facebook
YouTube
Ooma on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Eric Stang
  Eric Stang LinkedIn Profile  Eric Stang Twitter Account  Eric Stang News  Eric Stang on Facebook
Chief Financial Officer
Ravi Narula
  Ravi Narula LinkedIn Profile  Ravi Narula Twitter Account  Ravi Narula News  Ravi Narula on Facebook
VP - Engineering
Toby Farrand
  Toby Farrand LinkedIn Profile  Toby Farrand Twitter Account  Toby Farrand News  Toby Farrand on Facebook
VP - Marketing
James Gustke
  James Gustke LinkedIn Profile  James Gustke Twitter Account  James Gustke News  James Gustke on Facebook
VP - Product Management
Dennis Peng
  Dennis Peng LinkedIn Profile  Dennis Peng Twitter Account  Dennis Peng News  Dennis Peng on Facebook
VP - Sales
Timothy Sullivan
  Timothy Sullivan LinkedIn Profile  Timothy Sullivan Twitter Account  Timothy Sullivan News  Timothy Sullivan on Facebook


 

 

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