Zoom Closes Series A Financing and Unveils Unified Meeting Experience

    Zoom Closes Series A Financing and Unveils Unified Meeting Experience

Industry's First 3-in-1 Meeting Platform Unifies HD Video Conferencing,
Mobility and Web Meetings into a Cloud Service

PR Newswire

SANTA CLARA, Calif., Jan. 28, 2013

SANTA CLARA, Calif., Jan. 28, 2013 /PRNewswire/ --Zoom (http://zoom.us) -
Zoom Video Communications today announced it has closed Series A funding and
has introduced the first Unified Meeting Experience (UMX) cloud service that
enables HD video meetings and mobile screen sharing for up to 25 people on
desktops, tablets and smart phones. In the first five monthssince
initiallaunch, Zoom has connected more than 400,000 people, 130,000 meetings,
and 1,000 businesses, in over 2,500 cities worldwide.

Zoom closed its Series A funding fromQualcomm Inc., acting through
itsventure investment group, Qualcomm Venturesand individual investors-
Jerry Yang, Subrah Iyar, Dan Scheinman, Bill Tai and several others. Zoom
will be demonstrating UMX at the MacIT/MacWorld 2013, being held in San
Francisco this week, continuing its innovation in ease of use, quality of
end-user experience and exceptional affordability. 

Current video conferencing solutions are room-centric, not user-friendly and
expensive to maintain and operate. With UMX, Zoom is the first to introduce a
3-in-1 meeting platform, mobile-screen sharing, a hybrid cloud service and at
1/10th the cost of current solutions.

"Zoom has taken a high-quality and ease-of-use approach to transform the
real-time collaboration experience for companies of all sizes," said Eric S.
Yuan, CEO and Founder. "UMX is a comprehensive 3-in-1 and scalable platform
that fosters more effective communications across businesses and geographic
boundaries."

"Three key pieces to the business desktop video puzzle are:a quality
experience, exceptional ease of use and a full set of business class
capabilities. Zoom's quality and ease of use were already getting noticed.
Zoom's new UMX service delivers, exceeding our expectations, at a disruptive
price," said David Maldow, Analyst, Telepresence Options.

First 3-in-1 Meeting Platform: UMX is a powerful cloud service that offers
innovative HD video conferencing features such as multi-user, multi-screen,
active speaker, spotlight speaker and dynamic layout along with leading web
meeting features such as instant meetings, one-click screen sharing, host
controls, join by URL, calendaring and recording. In addition, UMX is the
first to fully "mobilize" these features – so you have a similar experience
across tablet and mobile devices.

Mobile Screen Sharing: UMX is the first cloud service with mobile screen
sharing for both tablet and mobile devices. Anyone can now screen-share a
Dropbox or Box document, a website or photos from an iPhone or iPad without
the need for a PC.

Hybrid Cloud Service: UMX is the first cloud service to offer businesses the
ability to run meetings in the company network using the Zoom Meeting
Connector. As a hybrid cloud service, a user initiates the meeting in the
public cloud while meeting traffic including video, voice and data sharing
goes through the private cloud. This provides additional control for network
traffic and instant backup from the public cloud.

Some key UMX features:

  oUp to 25 people
  oHD video and HD voice
  oHigh quality screen sharing
  oInstant or scheduled meeting
  oRecording and playback
  oPrivate or group chat
  oHost controls
  oPublic or hybrid cloud
  oSingle sign-on
  oREST API for web integration
  oMac, Windows, iOS and Android

Plans and Pricing:

Personal Plan is free:

  oUnlimited minutes for 1-to-1 meetings
  o30 minutes duration for up to 25 people

Business Plan is $9.99/host per month

  oUnlimited minutes for up to 25 people

Enterprise or Education Plan is $9.99 per month

  oPer host or per room
  oUnlimited minutes for up to 25 people
  oBranded webpage
  oSingle sign-on
  oHybrid cloud service

To start your free meetings, please visit http://zoom.us or download the Zoom
app from Apple iTunes or Google Play.

Supporting Quotes:

Wade Chambers, EVP Engineering of Proofpoint

"Zoom continues to innovate on real-time communications with their unmatched
quality and ease of use. They are the first and only company in the world
today to successfully integrate meetings, video and mobility into a remarkably
simple-to-use, yet powerful service."

Paul Cooley, CEO, FCTI

"Zoom presents an opportunity for us to replace our costly traditional video
conferencing system with a streamlined cloud-based service. UMX offers a
perfect combination of HD video, screen-sharing and ease of use to help evolve
group meetings to an interactive experience."

Allan Chen, CIO, Menlo College

"We are excited to work with Zoom to offer the first-of-its-kind service to
our community. We think that the enhanced interaction and engagement that the
platform provides will be of great impact on education and collaboration."

About Zoom

At Zoom Video Communications, our mission is to develop a people-centric cloud
service that unifies your meeting experience and improves the quality and
effectiveness of communications forever. Zoom Video Communications is a
privately held company headquartered in Santa Clara, California. For more
information please go to: http://zoom.us or follow us @zoom_us.



SOURCE Zoom Video Communications

Website: http://zoom.us/
Contact: Nick Chong of Zoom Video Communications, +1-415-730-8918,
nick.chong@zoom.us
 
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