03 February 2020:
Solaborate has raised $10 million in Series A round of funding. The startup will use the fresh capital 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.
Solaborate is partnering 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
Labinot Bytyqi, founder and CEO, Solaborate, said, “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.”
Labinot Bytyqi, added, “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.”
Labinot Bytyqi, further added, “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.”
(Source – Solaborate)