Ooma Ranked One of North America’s Fastest Growing Companies

Ooma (NYSE: OOMA), a leading smart business and home communications platform, was named today as one of the fastest growing companies in North America according to Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.

Ooma grew its annual revenue by 130 percent between Fiscal Year 2011 and Fiscal Year 2014, using its unique hybrid SaaS platform to capitalize on the trend of both small business and home communications moving to the cloud. Ooma’s superior voice quality and low cost are just some of the differentiators which allowed the company to grow its user base substantially and drive subscription and services revenue growth of 37 percent year-over-year in the second quarter ended July 31, 2015.