The company had trouble finding investors because many people thought the videotelephony market was already saturated.
He left Cisco in April 2011 with 40 engineers to start a new company, originally named Saasbee, Inc. Zoom was founded by Eric Yuan, a former corporate vice president for Cisco Webex. Its software products have faced public and media scrutiny related to security and privacy issues, though the company has taken measures to address these issues. The company was founded in 2011 by Eric Yuan, a former Cisco engineer and executive. It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform used for video communications (Meetings), messaging (Chat), voice calls (Phone), conference rooms for video meetings (Rooms), virtual events (Events) and contact centers (Contact Center), and offers an open platform allowing third-party developers to build custom applications on its unified communications platform (Developer Platform). (commonly shortened to Zoom, and stylized as zoom) is a communications technology company headquartered in San Jose, California.
