Zoom is a San Jose-based software company specializing in solutions for video conferencing for businesses and individuals. The company has offices around the world in places such as Tokyo, Shanghai, Denver, New York, and London. It has been a publicly-traded company on NASDAQ since 2019.
The company's product of the same name is a cloud-based platform for video conferencing that can be utilized for meetings and group messaging. It can be used on various systems including Windows, Mac, iOS, and Android. Industries in which the software has been used include education, healthcare, government, and financial services. The platform can be utilized for smaller meetings as well as large gatherings and there can be up to 1,000 video participants and 10,000 viewers for one meeting.
Zoom users can hold business meetings, trainings, and discuss technical support.
Gatherings for professional purposes, such as marketing events or town hall meetings, can be conducted on the platform.
Businesses can meet remotely in virtual conference rooms that are designed for collaboration.
Users can make phone calls on Zoom using the cloud and utilize features such as voicemail and call recording.
The chat feature allows for users to message across platforms and share files.
During the COVID-19 pandemic, the amount of Zoom users dramatically increased as many businesses had many of their employees work from home for safety reasons. As of February 2020, the company added 2.2 million active users when in 2019, there were 1.99 million active users for the entire year. WIth the influx of users, Zoom acquired Keybase, a plaform for secure messaging and file-sharing.
Zoom announces that it has acquired Keybase, a startup with encryption expertise.
Zoom raises a $100,000,000 series D round from Qualcomm Ventures, Emergence Capital Partners, AME Cloud Ventures and Sequoia Capital.
Zoom raises a $30,000,000 series C round from Patrick Soon-Shiong, Qualcomm Ventures, Emergence Capital Partners, AME Cloud Ventures, Maven Ventures and Horizons Ventures.
Zoom raises a $6,500,000 series B round from Horizons Ventures and Patrick Soon-Shiong.
Zoom raises a $6,000,000 series A round from Qualcomm Ventures.
Zoom raises a $3,000,000 seed round from Bill Tai and Subrah Iyar.
Founder and CEO
Eric S. Yuan
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