Oslo-based Neat raises additional €25.3 million from Zoom

Neat, a Norwegian pioneering video device company, announced that Zoom Video Communications, Inc has made a new investment in Neat of around €25.3 million, reflecting both companies’ commitment to provide technologies that ensure an exceptional video communication experience. Neat now has a total valuation of €541 million. 

This is Zoom’s third investment in Neat to date, totaling their investments to around €34.6 million. Neat and Zoom are continuing to work on innovative features towards a goal of supporting a new way of working with a focus on improved well-being, social interaction and team creativity. 

“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.” 

 Simen Teigre, CEO of Neat