Neat added more strategic capital funding from zoom.

Neat, an Oslo, Norway-based producer of video meeting devices, announced that it raised additional capital investment from its investor, Zoom.

Financial details of the transaction were not disclosed. Zoom had initially invested in Neat in the fall of 2019.

Neat, founded in 2019 and led by CEO Simen Teigre, was started with the aim to design and engineer elegant video meeting devices for Zoom, as it provides unique, easy to set-up and use features improving the use of Zoom Rooms.

In conjunction with the announcement, Neat announced a Neat as a Service (NaaS) subscription offering, whereas customers can rent Neat Bar, Neat Pad and Neat Board (expected to launch in fall 2020). NaaS is provided directly by Neat and expands the reach of Zoom HaaS (hardware as a service) beyond the US, enabling Zoom customers globally to consume Neat devices.

The solution is targeted at customers with offices and teams scattered throughout different countries against a a 24-month plan with flexible payment options so customers can select the plan that best suits their requirements and budget.