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Ooma acquires AI-powered video camera platform Butterfleye for its home security service

Ooma acquires AI-powered video camera platform Butterfleye for its home security service
From TechCrunch - December 20, 2017

Ooma, the company thats probably still best known for its VoIP platform, today announced that it has acquired Butterfleye, an AI-powered video camera and security platform that produces a smart security camerafor home and business use. Ooma plans to integrate Butterfleyes camera into its Ooma Home security solution, but the company will also continue to sell the camera under its original brand.

The companies did not disclose the financial details of the transaction.

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

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