Zoom has invested a further $30m in Neat, taking its total investment in the video hardware firm to $41m.
In a blog post, Oded Gal, Chief Product Officer at Zoom, said the vendor is “tripling down” on its partnership with Neat.
“What does this mean for our customers? Only that we’re tripling down on this partnership, and that you stand to benefit.
“Neat’s devices are an outstanding complement to Zoom’s communications platform and help deliver an optimal Zoom Rooms experience for our users.”
Neat has had a tight relationship with Zoom since its founding in 2019, and recently announced that it would be expanding its portfolio to support Microsoft Teams devices.
Simen Teigre, CEO at Neat, said: “Since Neat’s launch in 2019, we’ve shared an amazing journey helping customers enjoy delightful experiences across meeting spaces – even as the definition of the meeting space has evolved.
“We look forward to continuing to innovate and deliver unique technology and advanced capabilities that provide customers with rich and meaningful collaboration experiences throughout the hybrid workplace.”
Zoom recently announced that it had hit $1bn revenue in a quarter for the first time, while Zoom Phone seats rocketed to two million.
Its biggest announcement this year has come in the form of the impending blockbuster acquisition of Five9. View how the industry reacted to the huge merger here.
