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GlobeNewswire
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(1)

Zoom Video Communications: Zoom Video Communications Celebrates UK Expansion with Over 275 Per Cent Annual Revenue Growth

Innovation and Functionality Fuel Market Demand for Enterprise Video
Communications Service 

LONDON, 2018-01-17 04:00 CET (GLOBE NEWSWIRE) --
Zoom Video Communications today announced that it has significantly increased
its UK headcount over the last quarter and is relocating to larger London
premises as it gears up for further anticipated growth in 2018. Zoom UK has
seen year on year revenue grow by over 275 per cent and a nearly 150 per cent
YOY increase in its UK customer base. Overall, Zoom has seen its EMEA customer
base grow by almost 150 per cent in the past year, and its revenues grow over
175 per cent over the same time frame. 

Zoom's cloud-based platform and intuitive user experience helps organisations
drive overall communication and collaboration across mobile, desktop, and
meeting spaces. UK brands or divisions now using Zoom include Sophos,
TransferWise, Beamly, Skyscanner, Starberry, and AND Digital. 

Zoom was recently highlighted as one of the leaders in the Gartner Magic
Quadrant for Meeting Solutions for the second time in a row. Other global
milestones for Zoom in 2017 included: 

  -- Hosting over 20 billion annualised meeting minutes (up from 6.9B last year)
  -- Counting 40 per cent of the Fortune 50 as customers
  -- Expanding customer options by establishing partnerships with Polycom and
     Crestron, as well as optimising its integration with Cisco video endpoints
  -- Significant positive cash flow with $100 million in Series D funding from
     leading venture capital firm Sequoia at a $1B valuation (total $145.5 MM
     funding)
  -- Increasing its already industry-leading Net Promoter Score (NPS) to 72
  -- Named the fastest growing app on Okta in the EMEA market
  -- Hosting Zoomtopia, its first annual user conference, where it showcased a
     series of product innovations, including digital signage, enhanced
     integration with Slack, support for Workplace by Facebook, and recording
     transcripts

Impressed by Zoom's user-friendly enterprise product suite is Al Pooley, VP of
Infrastructure & Cloud Services at Sophos, who commented: "Our global
enterprise suffered from too many communications solutions, all of which left
us unsatisfied in one way or another, particularly regarding ease of use,
integrations, and scalability. We needed to find a better way to connect our 77
offices and numerous remote workers." Pooley continued: "Zoom has provided us
one comprehensive communications solution that scales across all our end users
and meeting spaces. Zoom has been pivotal in enabling us to build and
strengthen teams across multiple geographies quickly and cost-effectively. Most
importantly, our users, right up to our CEO, love it." 

Eric S. Yuan, founder and CEO of Zoom, added: "As the market demands effortless
collaboration and future-proof technologies, Zoom has demonstrated our ability
to increase productivity and reduce costs by providing the first solution
specifically designed with video in mind. Already established as one of the
fastest-growing business applications globally, we see a highly successful 2017
as the perfect springboard to achieving even more in 2018 for our UK and
worldwide customers." 

Daniel Creigh, head of UK & Ireland at Zoom, commented: "The rapid growth of
Zoom across the UK has been fuelled by an ever-increasing demand for
simple-to-use and secure meeting experiences. Zoom has met these demands for
streamlined communications, while enhancing business processes and delighting
our users at every turn." 

About Zoom
Zoom is the leader in modern enterprise video communications, with a secure,
easy cloud platform for video and audio conferencing, messaging, and webinars
across mobile, desktops, telephones, and room systems. Zoom Rooms is the
original software-based conference room solution used around the world in
board, conference, huddle, and training rooms, as well as executive offices and
classrooms. Founded in 2011, Zoom helps businesses and organisations bring
their teams together in a frictionless environment to get more done. Zoom is a
private company headquartered in San Jose, CA, USA. Visit zoom.us and follow
@zoom_us. 

         Contact
         Gino Mainolfi / Nick Spencer
         NSPR for Zoom
         gino@nspr.co.uk / nick@nspr.co.uk
         +44 (0)1276 487002
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