ZoomInfo

ZoomInfo Technologies Inc. is a software and data company which provides information and data for companies and business individuals.

ZoomInfo Technologies Inc.
TypePublic
IndustrySoftware as a Service
PredecessorDiscoverOrg
Founded2007 (2007)
Founders
  • Henry Schuck
  • Kirk Brown
HeadquartersVancouver, Washington, U.S.
Key people
  • Henry Schuck (CEO)
  • Cameron Hyzer (CFO)
  • Chris Hays (COO)
  • CB (CPO)
Revenue US$1.07 billion (FY 2022)
Number of employees
3,600[1]
Subsidiaries
  • Rainking
  • NeverBounce
  • Datanyze
  • Komiko
  • Clickagy
  • EverString Technology
  • Insent
  • Chorus.ai
  • RingLead
Websitezoominfo.com

History

In 2007, DiscoverOrg was founded by Henry Schuck and Kirk Brown. In February 2019, it acquired its competitor Zoom Information, Inc. and subsequently rebranded as ZoomInfo.[2][3] DiscoverOrg's CEO Henry Schuck, CFO Cameron Hyzer, and Chief Revenue Officer Chris Hays took on the same roles at the combined entity.[4] Zoom Information was originally established in 2000 as Eliyon Technologies by founders Yonatan Stern and Michel Decary,[2][5] and in August 2017 was acquired by Great Hill Partners, a private equity firm, for $240 million in cash.[6]

In June 4, 2020, ZoomInfo became a publicly traded company on the Nasdaq Global Select Market under the ticker symbol “ZI.”[7]

In 2022, ZoomInfo expanded to a four-piece operating system when new offering, MarketingOS, was added to their platform. MarketingOS is an account-based marketing platform.[8]

Acquisitions[9]

In 2017, as DiscoverOrg, the company acquired RainKing and in 2018, NeverBounce[10] and Datanyze.[11] In 2019, ZoomInfo acquired Komiko and in 2020, Clickagy and EverString Technology. In 2021, ZoomInfo acquired Insent,[12] Chorus.ai,[13] and RingLead.[14]

References
  1. "ZoomInfo". LinkedIn.
  2. Soper, Taylor (February 5, 2019). "DiscoverOrg acquires ZoomInfo to strengthen sales and marketing contact database offering". GeekWire. Retrieved September 26, 2022.
  3. Balboa, Elizabeth (June 4, 2020). "ZoomInfo IPO: What You Need To Know". Yahoo! Finance. Retrieved September 26, 2022.
  4. "DiscoverOrg and ZoomInfo Merge Brands to Launch Innovative B2B Data Platform To Power Go-To-Market Success". Yahoo! Finance. Retrieved September 10, 2019.
  5. Zappe, John (November 13, 2008). "New President Expected At ZoomInfo". ERE. Retrieved September 26, 2022.
  6. Sawers, Paul (August 17, 2017). "B2B data platform ZoomInfo was acquired by private equity firm Great Hill Partners for $240 million". VentureBeat. Retrieved September 26, 2022.
  7. "ZoomInfo Announces Pricing of its Initial Public Offering". Nasdaq. Retrieved September 26, 2022.
  8. "ZoomInfo Launches Account-Based Marketing Platform". February 15, 2022.
  9. "ZoomInfo S-1". U.S. Securities and Exchange Commission. Retrieved September 26, 2022.
  10. "DiscoverOrg Acquires NeverBounce". DiscoverOrg. March 5, 2019.
  11. "ZoomInfo's Acquisition of Datanyze Enables Real-Time Delivery of Technographic Data". Business Wire. September 26, 2018. Retrieved September 26, 2022.
  12. "ZoomInfo Acquires Insent to Enable Businesses to Implement Chat at Scale". BusinessWire. June 8, 2021. Retrieved September 26, 2022.
  13. Orbach, Meir (July 13, 2021). "ZoomInfo buys Israeli company Chorus.ai for $575 million". CTECH. Retrieved September 26, 2022.
  14. Lindenau, Kelly (September 9, 2021). "ZoomInfo Acquires RingLead to Combine, Cleanse & Route Disparate Data Sources". Demand Gen Report. Retrieved September 26, 2022.
  • Official website
  • Business data for ZoomInfo Technologies Inc.:
  • O'Brien, Kelly J. (August 17, 2017). How ZoomInfo's CEO sold three companies for $431M over 24 years. Boston Business Journal.
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