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Solaborate raises $10 million Series A round and lands a global go-to-market deal with EPOS and Demant

February 2020 — Solaborate, an all-in-one Video and Audio communication and collaboration device platform today announced the closing of a $10 million Series A funding round and landed a global go-to-market with EPOS, which is a newly established company under the Demant Group in Denmark. The funding will be used to accelerate the development of its new product line of all-in-one HELLO devices and AI cloud communication platform.

After two very successful Kickstarter campaigns and pioneering the all-in-one video and audio communication space, Solaborate is joining forces with EPOS and their audio expertise, seeking to reinvent this space one more time by combining compute, microphones, speakers and leveraging current TVs with patented auto echo-cancellation delay. The partnership will result in an Enterprise portfolio of products fully owned by and branded under EPOS.

Solaborate’s mission has always been to simplify and improve the way we communicate and collaborate by making it’s HELLO devices affordable and simple to use for everyone. They are proud to say that HELLO devices are being used all over the world, connecting people and simplifying communication.

"We believe that privacy is a fundamental human right and that’s why we engineered HELLO devices with video and audio built-in hack-proof privacy controls and end-to-end encryption for everyone’s protection and peace of mind." said Labinot Bytyqi, founder and CEO.

The HELLO devices are designed to be simple for businesses and individuals. It requires only two cables – HDMI and power – and then turns any TV into a voice-controlled open cross-platform communication and collaboration device supporting the best video conferencing platforms such as Microsoft Teams, Google Hangouts Meet, Zoom, Skype, Cisco WebEx, Facebook Messenger, WeChat, BlueJeans, Fuze, Unify, and more.

"We are very excited to partner with EPOS as one of the leaders in the enterprise audio solutions to address the video conferencing market that is predicted to grow from an estimated $1.8bn to more than $2.8bn by 2022

The partnership will focus on video collaboration that will enable us to deliver integrated audio/video solutions to the platforms of EPOS’ current strategic partners such as Microsoft, as well as collaborating effectively with newly acquired strategic partners that sit in the video conferencing space, such as Zoom and others. “This new partnership makes Solaborate’s missions closer to empowering enterprises to communicate and collaborate with no limits" said Labinot Bytyqi, founder and CEO.

The funding will be used to accelerate the development and go-to-market of its new product line of all-in-one HELLO devices and AI cloud communication platform and expand its offerings in telemedicine, consumer and other industry verticals.



About Solaborate

Solaborate is a communication platform company. We believe that reinventing and simplifying communication tools and services represents our greatest opportunity to improve people’s lives and our planet by reducing the carbon footprint.

HELLO devices transform your TV into a powerful communication device for audio and video conferencing, wireless screen sharing, digital whiteboarding, Alexa and Google Voice Assistance, live broadcasting, gaming, TV streaming, home automation and more.

Find more information about Solaborate at solaborate.com



About EPOS

Based on leading and advanced technologies, the newly established Danish company, EPOS, will deliver high-end audio solutions designed for enterprises and gamers. EPOS builds on more than 115 years’ experience in sound and innovation and will specialize in premium audio and video collaboration solutions with design, technology and performance as paramount parameters.

EPOS is a new company in the Demant Group – a world-leading audio and hearing technology group that offers solutions and services to help people connect and communicate with the world around them. The establishment of EPOS is based on the decision to let the business segments of the joint venture (known as Sennheiser Communications) between Sennheiser Electronic GmbH & Co. KG and Demant A/S evolve in different set-ups.

EPOS’ headquarters are located in Copenhagen, Denmark, and is a key hub for our business. We operate in a global market with offices and partners in more than 30 countries.

Find more information about EPOS at eposaudio.com



About Demant

Demant is a world-leading audio and hearing technology group that offers solutions and services to help people connect and communicate with the world around them. In every aspect, from hearing devices and hearing implants and diagnostic equipment to intelligent audio solutions and hearing care all over the world, Demant is active and engaged. Our innovative technologies and know-how help improve people’s health, hearing, and communication.




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