ADVERTISEMENT

Last Updated:
2024-03-26 01:40:53

Zoom Video Communications

Communications technology company headquartered in California.
Zoom Video Communications
Zoom Video Communications
Communications technology company headquartered in California.

Zoom Video Communications, Inc., commonly known as Zoom, offers videotelephony and online chat services. Founded in 2011 by Eric Yuan, it has faced scrutiny over security and privacy.

Community for Timeline Editors
Place where unique editors like you interact
2011-04-21
Zoom Video Communications Founded

Zoom Video Communications, Inc. was founded by Eric Yuan in California, U.S. The company provides videotelephony and online chat services through a cloud-based peer-to-peer software platform.

2012-08-22
First Version of Zoom Released

The very first version of Zoom was released on August 22, 2012.

2013-01
Zoom 1.0 Release

Within four months (Jan 2013), Zoom 1.0 became available to the public.

2013-05
Achievement of 1 million users by Zoom

By May 2013, Zoom had achieved 1 million users, indicating significant growth and adoption of its software.

2013-06
One Million Users Milestone

Within five more months, Zoom had been used by one million different users.

2013-07
Partnerships Established

In July 2013, Zoom established partnerships with B2B collaboration software providers and created a program named Works with Zoom.

2013-09
Company Raised $6.5 Million in Series B Round

In September 2013, Zoom raised $6.5 million in a Series B round from Facebook, Waze, and existing investors when it had 3 million users.

2014-08
Zoom Video Webinar Platform Unveiled

In August 2014, Zoom unveiled its Video Webinar platform.

2015-02-04
Series C funding of US$30 million for Zoom

On February 4, 2015, Zoom received US$30 million in Series C funding, signifying investor confidence and financial backing for the company.

2016-07
Virtual Backgrounds Introduced

In July 2016, Zoom introduced virtual backgrounds to the core product.

2017-09-25
Zoomtopia 2017 - Zoom's first annual user conference

From September 25–27, 2017, Zoom hosted Zoomtopia 2017, its first annual user conference, where it announced key partnerships and technological advancements.

2019-04-18
Zoom's Initial Public Offering

On April 18, 2019, Zoom became a public company through an initial public offering, with the share price increasing over 72% on the first day of trading.

2020-04-30
Zoom's Inclusion in NASDAQ-100 Stock Index

On April 30, 2020, Zoom joined the NASDAQ-100 stock index, signifying its growing influence and market presence.

2020-05-07
Acquisition of Keybase

On May 7, 2020, Zoom announced that it had acquired Keybase, a company specializing in end-to-end encryption.

2020-07-15
Zoom for Home Announced

On July 15, 2020, the company announced Zoom for Home, a line of products for home use, designed for remote workers.

2021-01
Zoom celebrates 1 million Zoom Phone Seats

In January 2021, Zoom celebrated reaching 1 million Zoom Phone Seats, marking a significant milestone for the company's communication services.

2021-02
Announcement of Zoom Rooms innovations for a safe office re-entry

In February, Zoom made an announcement about innovative features for Zoom Rooms to facilitate a safe return to the office environment, reflecting the company's commitment to workplace safety.

2021-04
Zoom announces a $100 Million Zoom Apps Fund

In April, Zoom revealed the establishment of a $100 million Zoom Apps Fund, demonstrating the company's investment in the development of new apps to enhance the Zoom platform.

2021-05
Launch of the Zoom Events Platform for diverse event needs

In May, Zoom launched the Zoom Events Platform to cater to a wide range of event requirements, showcasing the company's expansion into the event management sector.

2021-06
Zoom's Acquisition of Kites

In June 2021, Zoom acquired Kites, an AI-based language translation company, aiming to enhance language capabilities in video calls, reflecting its focus on technological advancements.

2021-07
Acquisition of Five9

In July 2021, Zoom announced its intention to acquire Five9 for $14.7bn, marking the largest acquisition in Zoom's history.

2021-08
Introduction of Zoom Clips, Zoom Events Production Studio, and Mobile App

August 2021 marked the introduction of Zoom Clips, enhancing asynchronous communication, along with the launch of Zoom Events Production Studio and the Mobile App, expanding the capabilities of Zoom's platform.

2021-09
Rejection of Zoom's Acquisition Attempt of Five9

In September 2021, Zoom's attempt to acquire contact center company Five9 for $14.7 billion was turned down by Five9's shareholders, impacting Zoom's expansion strategy.

2022-10-03
Zoomtopia

Zoomtopia is an annual event where Zoom showcases its latest innovations and developments. It is a platform for Zoom to present its rapid evolution and new features.

2024-03-24
Mark Esper in a Zoom meeting

Mark Esper participated in a Zoom meeting on this date.

2024-03-25
Zoom Video Communications Stock Price

The stock price of Zoom Video Communications closed at $66.71 on March 25, 2024, with a slight increase of 1.14%.

End of the Timeline
Zoom Video Communications

Information

Zoom Video Communications

Communications technology company headquartered in California.
Last Updated:

Zoom Video Communications
🫵Contribute to this content!
Your input benefits people around the world
See something to add or edit? Simply click the edit button below to make a difference! All you need is a quick sign in.
💬Join our discord community!
Connect and collaborate
Become part of our vibrant community! Share your thoughts, ask questions, and connect with other passionate editors.
Join Discord

Event

Last Updated:

🫵Contribute to this content!
Your input benefits people around the world
See something to add or edit? Simply click the edit button below to make a difference! All you need is a quick sign in.
💬Join our discord community!
Connect and collaborate
Become part of our vibrant community! Share your thoughts, ask questions, and connect with other passionate editors.
Join Discord
Become an Editor of Timeline Wiki
Become an Editor of
Timeline Wiki
USD $0 for creating and editing infinite number of timelines after sign up.