Zoom is an online audio and web conferencing platform. People use it to make calls or join video conference meetings.
Origins of Zoom and Video Conferencing – Overview of Digital Communications, Explained with History
It was founded in 2011 by Eric Yuan, a former Cisco executive. Cisco offered the WebEx web conferencing platform, which remains a competitor in the conference space today. Yuan’s competitor, Zoom, grew quickly; the service launched in 2013 and had one million users by the end of the year.
In 2017, the company was valued at $1 billion. It became a publicly traded company in 2019 and has grown to become one of the largest video conferencing solutions in use today.
Zoom is one of the most widely used meeting tools and in various studies it sometimes scores better than comparable solutions such as Skype and Google Chat.