TIMELINE
TEN YEARS OF
FROM A START-UP TO GLOBAL LEADERS
In the ten years since its founding , Zoom has become one of the best web-conferencing platforms in the world .
Zoom was born out of Cisco ’ s former Vice President of Engineering , Eric Yuan ’ s desire to urgently improve the company ’ s webconferencing product , WebEx . Cisco ’ s web conferencing didn ’ t involve improving existing products and the company was uninterested in improving WebEx , ignoring Yuan ’ s suggestion .
2011- 2012
Founding and early years
Yuan founded Zoom in 2011 and launched the software in 2013 . Originally called Saasbee , Inc , Yuan founded the company with a team of 40 engineers . The name was changed to Zoom a year later . In September 2012 , Zoom launched a beta version that could host conferences with up to 15 participants .
2014- 2015
Growth and funding
In 2014 Zoom unveiled its Video Webinaring platform . This addition made video webinars highly scalable and allowed hosts to pay only for the audience size they required .
In February 2015 Zoom raised $ 30 million . This was a major step up in the company ’ s fundraising efforts . It more than doubled the entire funding the company had raised to date .
16 October 2021