The platform has gained more than 2 million users in 2020 – more than what the company has amassed for all of 2019. When the COVID-19 pandemic struck, Zoom saw a significant increase in usage for remote work and online education. It was in May 2012 when the company took the name Zoom, based on the children’s book, Zoom City. It wasn’t a smooth start when it comes to finding investors, because there were too many companies offering video-telephony services. He, along with 40 engineers, built what was known as Saasbee, Inc.
In 2011, Eric Yuan left Cisco to start a new company. Another impressive feature is its consistent video clarity, even on weak internet connections. What sets Zoom apart from other video-telephony services is that it runs smoothly on mobile phones – a trait that the competition couldn’t match up to this day. It has been one of the go-to tools for teleconferencing, distance education, and other functions. This video telephone and online chat services works through a cloud-based peer-to-peer software platform. Whether you’re freelancing or working from home, you’ve used Zoom at least more than twice.