About Zoom
Zoom is a company based in San Jose (United States) founded in 2011. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Zoom has raised $157.47 million across 4 funding rounds from investors including Qualcomm Ventures, Sequoia Capital and Emergence Capital. The company has 7,410 employees as of January 31, 2024. Zoom has completed 10 acquisitions, including BrightHire, Buscape and Five9. Zoom offers products and services including Zoom Workplace, Zoom Meetings, Zoom Contact Center, and Zoom AI Companion. Zoom operates in a competitive market with competitors including Dialpad, Fuze, Webex, Skype and BlueJeans Network, among others.
- Headquarter San Jose, United States
- Employees 7410 as on 31 Jan, 2024
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Zoom Communications, Inc.
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Annual Revenue
$4.67 B3.05as on Jan 31, 2024
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Net Profit
$1.01 B58.48as on Jan 31, 2024
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EBITDA
$1.22 B25.13as on Jan 31, 2024
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Total Equity Funding
$157.47 M (USD)
in 4 rounds
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Latest Funding Round
$114.97 M (USD), Series D
Jan 17, 2017
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Investors
Qualcomm Ventures
& 15 more
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Employee Count
7410
as on Jan 31, 2024
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Investments & Acquisitions
BrightHire
& 9 more
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IPO & Listings of Zoom
Zoom is a publicly listed company on the NASDAQ with ticker symbol ZM in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Zoom
Zoom offers a comprehensive portfolio of products and services, including Zoom Workplace, Zoom Meetings, Zoom Contact Center, and Zoom AI Companion. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Collaboration tools are provided for AI-first work environments.
Video conferencing is offered for team communication needs.
Customer interactions are streamlined through an AI-first platform.
AI assistance is integrated for productivity and insights.
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Software Development Team
16 people
Leadership Team
12 people
Unknown Team
7 people
PXBP Team
7 people
Sales and Marketing
6 people
Head Team
6 people
Product Management Team
5 people
Human Resources and Administration
5 people
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Funding Insights of Zoom
Zoom has successfully raised a total of $157.47M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $114.97 million completed in January 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series D — $115.0M
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First Round
First Round
(01 Dec 2012)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Series D - Zoom | Valuation | Sequoia Capital | |
| Feb, 2015 | Amount | Series C - Zoom | Valuation | Emergence Capital | |
| Sep, 2013 | Amount | Series B - Zoom | Valuation | Horizons Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zoom
Zoom has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include Qualcomm Ventures, Sequoia Capital and Emergence Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Tech focused Early and growth stage VC firm investing in the US
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Founded Year | Domain | Location | |
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AME Cloud Ventures is focused on investing in data-driven technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zoom
Zoom has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include BrightHire, Buscape and Five9. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based applicant tracking and interview intelligence solutions are offered.
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2019 | ||||
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Employee engagement and internal communications software platform is provided.
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2017 | ||||
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AR/VR and gaming services are provided by Liminal.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Zoom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zoom Comparisons
Competitors of Zoom
Zoom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dialpad, Fuze, Webex, Skype and BlueJeans Network, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
VoIP software for internet video chats and calls is offered.
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| domain | founded_year | HQ Location |
Cloud-based video conferencing software is provided for user connections.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zoom
Frequently Asked Questions about Zoom
When was Zoom founded?
Zoom was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Zoom located?
Zoom is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Is Zoom a funded company?
Zoom is a funded company, having raised a total of $157.47M across 4 funding rounds to date. The company's 1st funding round was a Series B of $6.5M, raised on Dec 01, 2012.
How many employees does Zoom have?
As of Jan 31, 2024, the latest employee count at Zoom is 7,410.
What is the annual revenue of Zoom?
Annual revenue of Zoom is $4.67B as on Jan 31, 2024.
What does Zoom do?
Zoom is established as a leader in unified communications and customer experience solutions. The company offers Zoom Workplace, an AI-first platform for team collaboration, integrating tools like Meetings, Team Chat, and Docs. Additionally, Zoom Contact Center is provided for streamlined customer interactions across multiple channels. Solutions are tailored for various sectors including education, healthcare, and government. AI Companion is embedded to enhance productivity by summarizing meetings and drafting documents. Services cater to small businesses, enterprises, and developers through scalable, hybrid work-supporting platforms.
What products or services does Zoom offer?
Zoom offers Zoom Workplace, Zoom Meetings, Zoom Contact Center, and Zoom AI Companion.
Is Zoom publicly traded?
Yes, Zoom is publicly traded on NASDAQ under the ticker symbol ZM.
How many acquisitions has Zoom made?
Zoom has made 10 acquisitions, including BrightHire, Buscape, and Five9.
Who are Zoom's investors?
Zoom has 15 investors. Key investors include Qualcomm Ventures, Sequoia Capital, Emergence Capital, AME Cloud Ventures, and Horizons Ventures.
What is Zoom's ticker symbol?
The ticker symbol of Zoom is ZM on NASDAQ.
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