Tag: zoom
Zoom usage peaked at 300 million daily participants in April
As the response to the coronavirus pandemic pushed people out of offices and back into their homes, videoconferencing has taken center stage and one of the biggest beneficiaries of the switch is Zoom. Today the company reported its earnings for the f… Source
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Remote work helps Zoom grow 169% in one year, posting $328.2M in Q1 revenue
Today after the bell, video-chat service Zoom reported its Q1 earnings. The company disclosed that it generated $328.2 million in revenue, up 169% compared to the year-ago period. The company also reported $0.20 per-share in adjusted profit during the three-month period. Analysts, as averaged by Yahoo Finance, expected Zoom to…
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Is Zoom the next Android or the next BlackBerry?
Gaurav Jain Contributor Gaurav Jain is one of the founders of Afore Capital, a $47 million fund focused on pre-seed. He was also an early product manager for Android. More posts by this contributor The pre-seed diligence framework How To Be A VC Without Any Capital In business, there’s nothing…
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Zoom’s earnings to test hot tech valuations
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This week will see two richly valued SaaS businesses share their Q1 earnings reports: CrowdStrike and Zoom. Both are 2019 IPOs, but these relatively young public companies have enjoyed a…
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Equity Monday: Tech’s stance on change, two funding rounds and fintech layoffs
Good morning and welcome back to TechCrunch’s Equity Monday, a brief jumpstart for your week. A big thanks to start to the whole Equity crew for doing a stellar job last week with the show while I was on vacation, especially to Danny for taking on this particular installment of the…
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Zoom plans to offer stronger encryption to paying customers (updated)
If you want your Zoom video calls to be as secure as possible, you may need to pay up. Zoom security consultant Alex Stamos told Reuters in an interview that the company plans to offer stronger videoconference encryption to paying customers, enterpri… Source
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