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Zoom (company)

Zoom (company)

A computer software company providing remote conferencing services to businesses and organizations. Zoom is a San Jose, California-based company founded in 2011 by Eric S. Yuan.

About

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.

Product

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.

Uses

Meetings

Zoom users can hold business meetings, trainings, and discuss technical support.

Webinars

Gatherings for professional purposes, such as marketing events or town hall meetings, can be conducted on the platform.

Conference Rooms

Businesses can meet remotely in virtual conference rooms that are designed for collaboration.

Phone System

Users can make phone calls on Zoom using the cloud and utilize features such as voicemail and call recording.

Chat

The chat feature allows for users to message across platforms and share files.

COVID-19

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.

Timeline

August 19, 2020
Zoom announced that Zoom for Home is expanding to smart displays including Amazon Echo Show, Portal from Facebook, and Google Nest Hub Max, bringing Zoom to widely-used devices and broadening their capabilities to the work environment.
May 7, 2020
Zoom announces that it has acquired Keybase, a startup with encryption expertise.
January 17, 2017
Zoom raises a $100,000,000 series D round from AME Cloud Ventures, Emergence Capital Partners, Qualcomm Ventures and Sequoia Capital.
February 2015
Zoom raises a $30,000,000 series C round from AME Cloud Ventures, Emergence Capital Partners, Horizons Ventures, Maven Ventures, Patrick Soon-Shiong and Qualcomm Ventures.
September 24, 2013
Zoom raises a $6,500,000 series B round from Horizons Ventures and Patrick Soon-Shiong.
January 28, 2013
Zoom raises a $6,000,000 series A round from Qualcomm Ventures.
June 1, 2011
Zoom raises a $3,000,000 seed round from Bill Tai and Subrah Iyar.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Zoom Series C Funding Round
30,000,000
February 2015
5 Results
Results per page:
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Products

Product
Website
Launch date
Industry
3 Results
Results per page:
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Acquisitions

Acquisition
Description
Acquired company
Acquisition amount (USD)
Date announced

Zoom acquired Keybase as part of an effort to add end-to-end encryption to Zoom's video communications platform. The amount of money transacted was not disclosed by either party at the time of the initial announcement.

May 7, 2020
1 Result
Results per page:
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People

Name
Role
LinkedIn

Eric Yuan

Founder and CEO

Bill Tai

Advisor

Dan Scheinman

Advisor

Eric S. Yuan

Founder

Eugene Zhang

Investor

Farzad Nazem

Investor

Nick Adams

Investor

Further reading

Title
Author
Link
Type
Date

Zoom Buys Keybase In Bold New Security Move: How This Could Change Everything

Kate O'Flaherty

Web

May 7, 2020

Zoom has added more videoconferencing users this year than in all of 2019 thanks to coronavirus, Bernstein says

Jordan Novet

Web

February 26, 2020

Zoom, Zoom, Zoom! The Exclusive Inside Story Of The New Billionaire Behind Tech's Hottest IPO

Alex Konrad

Web

April 19, 2019

Documentaries, videos and podcasts

Title
Date
Link

Product Overview: What are Zoom Rooms?

July 18, 2019

Zoom Video Conferencing

September 4, 2015

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Alex Lockie
May 15, 2021
Business Insider
From satellite internet, to boosting cell phone signal, to jimmying together some wild antenna rigs, Alex Lockie has seen or tried just about everything.
Palo Alto Networks, Inc.
May 14, 2021
www.prnewswire.com:443
/PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced the appointment of Aparna Bawa to the company's board of...
Sarah Perez
May 13, 2021
TechCrunch
Pinterest is expanding into live events. The company is planning to host a three-day virtual event that will feature live-streamed sessions from top creators, including big names like Jonathan Van Ness and Rebecca Minkoff, among others. The virtual event will run inside the Pinterest app from May 24th through May 25th, and will serve as [...]
May 12, 2021
The Indian Express
A new study suggests that 90 per cent of people feel video conferences help them combat feelings of loneliness.
Erik Orejuela
May 11, 2021
TechSpot
Download Nvidia Broadcast - Take your livestreams, voice chats, and video conference calls to the next level with AI-enhanced voice and video.
Aman Kidwai
May 11, 2021
Business Insider
Lynne Oldham boosted benefits for employees, helped the company meet increases in demand, and addressed racial inequity.
Alex Coop
May 11, 2021
IT Business
A story about high-pressure sales tactics at a Toronto consumer electronics store gains national attention, Apple invests a few more millions into glassmaker Corning, and guess who's suffering from Zoom fatigue? It's Zoom's CEO.
Lisa Kanarek
May 10, 2021
Wired
Our elders have rich stories to share. There's no better time than now to sit down and hit Record.
May 10, 2021
The Indian Express
Zoom lets users multi-task on the Apple iPad, which one cannot do with other video calling apps. Read on to know more.
May 8, 2021
9to5Mac
A developer discovered Apple has given Zoom access to a private iPad camera API, which lets the app take advantage of the Split View feature.
Rebecca Seal
May 8, 2021
the Guardian
Few of us will be back in the office full time - but does that have to mean endless video calls? Meet the weird and wonderful newcomers hoping to take a piece of the action
May 7, 2021
Geekologie
On the same day a distracted driving bill was introduced, state Senator Andrew Brenner participated in a government video meeting while driving. While that's ironic enough, the best part was that he used a Zoom background to try and...
Mia Jankowicz
May 7, 2021
Business Insider
Landon Copeland caused chaos in his Zoom hearing and disrupted other sessions on Thursday, reports said.
Ovul Sezer
May 7, 2021
Harvard Business Review
Three research-backed benefits.
Porschia Parker-Griffin
May 6, 2021
BioSpace
We interviewed Krissy Fuller, a human resources consultant, to learn more about the issue of mandated vaccines from an HR perspective and shared her predictions on what changes she thinks will last after the pandemic.
Mike Butcher
May 6, 2021
TechCrunch
During the pandemic, we've seen the rise of 'Zoom investing' - where VCs literally use remote video conference tools like Zoom and Google Meet to take pitches from entrepreneurs. Now a new European Seed fund plans to leverage that emerging behavior and bake it into their model. Mattias Ljungman, the former co-founder of Atomico formed [...]
Mike Butcher
May 6, 2021
TechCrunch
During the pandemic, we've seen the rise of 'Zoom investing' - where VCs literally use remote video conference tools like Zoom and Google Meet to take pitches from entrepreneurs. Now a new European Seed fund plans to leverage that emerging behavior and bake it into their model. Mattias Ljungman, the former co-founder of Atomico formed [...]
Sarah Gershman
May 5, 2021
Harvard Business Review
Seven tips.
Joe Fedewa
May 5, 2021
How-To Geek
Video calls and meetings are great, but they leave a lot to be desired when it comes to accessibility. Fortunately, Zoom has the ability to create live closed captions in real-time during meetings. We'll show you how it works.
Verge Staff
May 5, 2021
The Verge
A bunch of traditional and not-so-traditional gift ideas
SHOW MORE

References

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