What does Zoom do?
Zoom, is a video communication platform. It is a leading provider of enterprise web and video communications technology. The company combines simple online meetings, group messaging, cloud video conferencing, and a software based conference room solution into one easy to use platform. Their solution offers the best audio, video and wireless screen sharing experience across Mac, Windows, iOS, Blackberry, Android, H.323/SIP room systems and Zoom Rooms. The company’s aim is developing a people centric cloud service which transforms the real time collaboration experience and improving the effectiveness and quality of communications forever.
How much Zoom was funded?
The company raised $100M in Series D on January 17, 2017 from Carmen Elizabeth Sanchez C., Sequoia Capital and Emergence Capital Partners
$3M on June 1, 2011 from Mike Everett, Dan Scheinman, Bill Tai, Matt Ocko, TEEC Angel Fund and Subrah Iyar.
$6M in Series A on December 1, 2012 from Qualcomm Ventures, Matt Ocko, AME Cloud Ventures, Subrah Iyar, IT-Farm and Mike Everett
$6.5M in Series B on September 24, 2013 from Patrick Soon-Shiong, AME Cloud Ventures, Horizons Ventures, Qualcomm Ventures and Matt Ocko
$30M in Series C on February 4, 2015 from Maven Ventures, Qualcomm Ventures, , Emergence Capital Partners, Patrick Soon-Shiong, AME Cloud Ventures, Horizons Ventures and Bart Swanson
What is next for Zoom?
The company launched Zoom 4.0, a new release featuring leading edge innovation for enhanced enterprise functionality. The company will develop revolutionary products and features such as augmented reality, virtual reality, and its developer platform, expanding its business all over the world, and growing its sales and marketing teams. The company will use the latest funding raised for innovating new products.
More about Zoom
The company was founded on June 1, 2011 by Eric Yuan. It is a privately held company which has its headquarters in San Jose, California.