Zoom is among the Top 25 most valuable technology firms in the North American region.Ĭurrently Zoom Video Communications Inc - Class A has a market cap of $20.94 Billion. Zoom has recently acquired Five9 another NASDAQ listed Software Company for cloud contact centre for US $14.7 Billion.
Salesforce took 14 years after getting listed to touch the US $100 Billion market cap, while Zoom Video Communications took just 14 months after getting listed on stock exchanges. The total number of employees is 4422 as of 2021. It is known to offer a video calling facility and online chat service to its customers via peer-to-peer software hosted on the cloud. The current CEO is also Eric, and the company is currently headquartered in California, US. Zoom Video Communications was started as a software company a decade ago in 2011 by Eric Yuan. This company’s product basically united people despite them being in different geographies. Be it corporate meetings or your child’s online class, most of that happened on a Zoom video call. Lockdown was imposed, and as a result, people started to work from their homes. “Zoom Video Communications certainly need no introductions, especially after the onset of the COVID-19 pandemic.
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