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Winge and longtime business partner Fredrik Halvorsen, Tandberg’s former CEO, invested in Neat through a financial firm they operate, Ubon Partners, and Winge joined as chairman. “Watching what Eric was doing with Zoom, democratizing video in a way that had never been done before, was very inspiring from the sideline.” “Eric almost tempted me to get back to this industry,” says Winge. He’d already been in touch with Yuan, whom he’d known from their shared Cisco backgrounds, about hardware possibilities. In an interview, Winge said he met the Neat team at the beginning of 2019. Winge previously helped sell two businesses to Cisco: Acano, an online meetings startup acquired in 2016 at which he served as CEO, and Tandberg, a teleconferencing company acquired in 2010, where Winge was an executive vice president. Neat comes from a team led by OJ Winge, who formerly led the collaboration business unit at Cisco in charge of WebEx.
Zoom declined to disclose how much it had invested, but both companies say it did not take a controlling stake. Neat has about 50 employees, the startup says, and has raised $20 million overall. Zoom announced on Tuesday at its user conference that it had invested in Neat, an Oslo-based startup founded in early 2019 that makes hardware solutions to complement Zoom’s cloud-based meetings.