Venture Capital
The global videoconferencing equipment market is enormous, driven by the ever-growing percentage of employees who regularly dial into work remotely. Research firm Future Market Insights pegs it at $1.6 billion by 2027, and in a recently published Wainhouse Research survey, a whopping two-thirds of respondents reported that their organization plans to install more hardware in small meeting rooms and huddle rooms. It’s not terribly surprising, then, that startups like Owl Labs aren’t having any trouble securing fresh venture capital.

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