UC Jobs
The video conferencing company Zoom is aiming to file a public S-1 by the end of March, according to a new report in Business Insider that adds the company could go public as soon as April.
Business Insider reported last month that Zoom had filed confidentially with the SEC to go public, just months after Reuters reported that the San Jose, Calif.-based company had chosen investment bank Morgan Stanley to lead its eventual IPO.
Zoom was valued at $1 billion when it raised its last funding in 2017 in the form of a $100 million check from Sequoia Capital. Reuters sources have said they expect the company to be valued at several billion dollars at the IPO.
The company, founded in 2011, has raised $145 million altogether, including from Emergence Capital and Horizons Ventures. Its earliest backers include Qualcomm Ventures, Yahoo founder Jerry Yang, WebEx founder Subrah Iyar and former Cisco SVP Dan Scheinman, who has been an active angel investor for years.
We had a chance to sit down with CEO Eric Yuan last year at a small industry event hosted by the venture firm NextWorld Capital. He talked about coming to the United States as a student from China and applying for a U.S. visa nine times over the course of two years before finally receiving it and arriving in Silicon Valley in 1997. We also talked about his experience as the 10th employee of WebEx, and his frustration that the company’s code remained stubbornly unchanged after it was sold for $3.2 billion to Cisco in 2007.
He wasn’t alone, clearly. When Yuan struck out on his own to found Zoom, fully 45 employees from WebEx joined him, a decision for which they’re likely thankful now. Financial rewards aside, Yuan was ranked at the top of Glassdoor’s annual list of best-rated CEOs last year.
source techcrunch
Industry: Unified Communications News
Latest Jobs
-
- Outside IR35 Functional tester - London - Security Cleared
- London
- Outside IR35
-
Outside IR35 Functional tester - London - Security Cleared Willing to undergo DV Clearance 3 days a week onsite. (London) We are looking for a Functional Test Specialist to support a complex technology programme where accuracy and delivery assurance matter. Key Focus Validate application behaviour and run functional test scenarios Identify risk, defects, and delivery issues early Define practical test approaches and environment needs Produce automated checks where appropriate Work closely with technical teams to agree acceptance criteria Report clearly on outcomes, defects, and risks Experience Needed Strong Microsoft stack exposure Experience supporting server or infrastructure migrations Solid functional testing background Comfortable working remotely onsite (London 3 days a week) Linux or container exposure Jira / Wiki Restricted or isolated environments A hands on role for someone who values clarity, ownership, and quality.
-
- GRC Security Consultant - Energy. Security Clearable. Scotland
- Glasgow
- N/A
-
GRC Security Consultant - Utilities. OT. Security Clearable. Scotland Hybrid (UK | Remote) We need a We need a Senior GRC consultant with experience in the utilities sector. Previous experience working within Critical National Infrastructure (CNI) industries, specifically within Operational Technology is essential. Security clearance / (clearable) required. Current external consultancy experience preferred but not essential. You will be leading lead audits and advisory services (risk assessment / strategic) against CAF, ISO 27001, and IEC 62443 standards to uplift security. This is a permanent position, looking for someone who wants to make a difference away from a firm with progression and no politics. Apply today to find out more.