ZoomInfo


ZoomInfo is an American subscription-based software as a service company based in Vancouver, Washington that sells access to its database of information about business people and companies to sales, marketing and recruiting professionals. The company was originally established in 2000 as Eliyon Technologies by founders Yonatan Stern and Michel Decary. After its acquisition by DiscoverOrg, its current CEO is Henry Schuck.

History

ZoomInfo was originally founded as DiscoverOrg in 2007 by Henry Schuck and Kirk Brown. It operated as DiscoverOrg until February 2019, when it acquired its competitor Zoom Information and subsequently rebranded as ZoomInfo. In August 2017 Great Hill Partners, a private equity firm, acquired ZoomInfo for $240 million in cash. The company acquired RainKing in 2017 and NeverBounce in 2018, and, following the rebrand, Komiko in 2019.
In June 2020, ZoomInfo became a publicly traded company on the Nasdaq Global Select Market under the ticker symbol “ZI.”

Services and Solutions

ZoomInfo is a go-to-market intelligence platform for B2B sales and marketing teams. The integrated cloud-based platform provides sellers and marketers with comprehensive information to help them find potential new customers.
ZoomInfo’s data is maintained by a machine learning and artificial intelligence engine that pulls from millions of unique sources. The engine makes decisions about which data is accurate enough to publish on the ZoomInfo platform. ZoomInfo’s data updates in real time, whenever a company’s attributes change, like hiring new employees, changing technologies, launching new products, and opening new locations.

Competition

Zoominfo's competitors are sites such as LinkedIn, Owler, InsideView, LeadGenius, and Hoovers.

DiscoverOrg acquisition

In February 2019, DiscoverOrg announced that it had acquired ZoomInfo for $500 million+. As part of the acquisition DiscoverOrg's CEO Henry Schuck, CFO Cameron Hyzer, and Chief Revenue Officer Chris Hays took on the same roles at the combined entity. On September 10, 2019, ZoomInfo was rebranded to ZoomInfo powered by DiscoverOrg.

2020 IPO

ZoomInfo became a publicly traded company on 4 June 2020, issuing 44.5 million shares on the Nasdaq Global Select Market under the ticker symbol “ZI.” Its lead underwriters included JPMorgan and Morgan Stanley, while investors included Fidelity, BlackRock, and Dragoneer.

Locations

ZoomInfo’s corporate headquarters are located in Vancouver, Washington. It also has offices in Waltham, Massachusetts; Bellevue, Washington; Bethesda, Maryland; Conshohocken, Pennsylvania; Grand Rapids, Michigan; and Ra’anana, Israel.