Zoom , a startup founded by WebEx and Cisco veterans that wanted to make high quality video conferencing and virtual meetings accessible to everyone, instead of just those with the budgets to invest in expensive hardware and even more expensive software, today announced a new $6 million Series A round of funding, supplied by Qualcomm Ventures, Yahoo founder Jerry Yang, WebEx founder Subrah Iyar and former Cisco SVP and General Counsel Dan Scheinman. In tandem with the funding announcement, Zoom is also launching their version 1.0 product, which includes the introduction of their first paid offerings as well as the addition of a number of impressive new features. The new Zoom offers the same high quality multi-person video conferencing that’s easy to get set up and runs on all platforms, including desktop and mobile via its iOS and Android apps, but it bumps up the total number of participants to an industry-leading 40, provides high quality screen sharing, meeting recording, and more. That’s all included free on the basic plan, with a 20 minute time limit for meetings of more than two people, or including as part of tiered business and enterprise plans that run $9.99 per month and don’t carry limits.
The full story can be read/found on Zoom Raises $6M Series A, Launches Version 1.0 Of Its Radically Different Virtual Conferencing Tool
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