Owl Labs Inc.
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Owl Labs Inc. - overview
Established
2014
Location
Somerville, MA, US
Primary Industry
Hardware
About
Owl Labs Inc. develops cutting-edge video conferencing solutions designed to enhance remote collaboration, enabling seamless communication within hybrid workplace environments. Founded in 2014, Owl Labs Inc. is based in Somerville, US, and specializes in video conferencing technology.
The company raised a total of USD 25. 4 mn through multiple funding rounds, with the latest being a Series C round in May 2022 led by HP Tech Ventures. The founders include Amjad Osman, Ebtihel JAZIRI, John Travis, Mark Schnittman, and Mohamed JAZIRI, with Amjad Osman serving as CEO. Owl Labs specializes in innovative video conferencing technology aimed at enhancing the hybrid work experience.
Their core product offerings include the Meeting Owl series, featuring the Meeting Owl 3 and Meeting Owl 4+, designed for small to large meeting rooms. The Meeting Owl 4+ boasts 4K Ultra HD video and AI-powered whiteboard integration, catering to clients in educational, corporate, and creative sectors across North America, Europe, and parts of Asia-Pacific. Owl Labs generates revenue primarily through the direct sale of its video conferencing solutions, including the Meeting Owl 4+ and associated bundles. Operating on a B2B model, the company focuses on providing efficient meeting technologies for organizations, with transactions involving equipment purchases and optional accessory bundles to enhance functionality, such as the Meeting Owl 4+ & Expansion Mic bundle.
In May 2022, Owl Labs Inc. raised USD 25. 4 mn in Series C funding, led by HP Tech Ventures, to accelerate product development and global adoption. Future initiatives include launching the Meeting Owl®, Whiteboard OwlTM, and Meeting HQT, aimed at expanding into new markets by the end of 2023.
Current Investors
Matrix Partners, iRobot Corporation, Spark Capital
Primary Industry
Hardware
Sub Industries
Hardware, Conferencing Software
Website
www.owllabs.com
Verticals
E-commerce
Company Stage
Series C
Total Amount Raised
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