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2014 logo. A beta version of Zoom that could host conferences with only up to 15 video participants was launched on August 21, 2012. [8] On January 25, 2013, version 1.0 of the program was released with an increase in the number of participants per conference to 25. [9]
At that time, Zoom had 40 million users, with 65,000 organizations subscribed and a total of 1 billion meeting minutes since it was established. [19] Over the course of 2015 and 2016, the company integrated its software with Slack , Salesforce , and Skype for Business .
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When the idea was rejected, Yuan left Cisco to establish his own company, Zoom Communications. [10] In 2019, Zoom became a public company via an initial public offering, [21] at which time Yuan became a billionaire. [9] [2] His wealth has increased during COVID-19 pandemic, as Zoom benefited from the shift to online work and teaching. [22]
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On July 1, 2020, Zoom stated it had released 100 new safety features over the past 90 days, including end-to-end encryption for all users, turning on meeting passwords by default, giving users the ability to choose which data centers calls are routed from, consulting with security experts, forming a CISO council, an improved bug bounty program ...
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