techco:company:zoom
Zoom Communications
Zoom · Zoom Communications, Inc.
Zoom Communications is a San Jose public company that sells videoconferencing and related workplace communication software.
Zoom is an American communications company founded on 21 April 2011 by Eric Yuan, a former Cisco Webex engineer, after he left Cisco with a group of engineers.1 The product launched in 2013 and the company listed on Nasdaq as ZM in 2019.1 Yuan is a Chinese-born American entrepreneur, which places Zoom inside TechCo.wiki's diaspora scope.
History
Yuan incorporated the company as Saasbee in 2011, renamed it Zoom in 2012, and launched the service in January 2013 after a Series A that included Qualcomm Ventures and Yahoo founder Jerry Yang.1 Sequoia's 2017 Series D valued Zoom at about US$1 billion.1 The April 2019 IPO priced at US$36 a share and rose more than 70% on the first day.1 Usage surged in the COVID-19 pandemic; the company later cut staff and repositioned toward an AI workplace platform, renaming itself Zoom Communications in 2024.1
Security record
Zoom's early marketing of “end-to-end encryption” was criticized as inaccurate, and the company faced investigations and an US$86 million privacy class-action settlement.1 Those facts belong in any authoritative summary. Later product work added default passwords, a security freeze on new features in 2020, and clearer encryption claims.1
Founders
- Eric Yuan — Founder, chairman and CEO
Products
- Zoom Meetings. Cloud videoconferencing product that became a mass-market tool during 2020.
See also
Sources
- Zoom Communications . Wikipedia. Accessed 2026-09-12.