Zoom has completed its third strategic investment in video meeting technology maker Neat, which is now valued at $640m.

Video conferencing platform operator Zoom provided a $30m capital injection for Norway-based video meeting device developer Neat on Wednesday at a $640m valuation.

Founded in 2019, Neat sells a range of video and audio-capture devices designed for use with video conferencing platforms such as Zoom or Microsoft Teams.

Neat’s products contain sensors that can detect the presence of people in the room as well as conditions such as temperature and humidity. The investment will enable it to continue a collaboration…