What Is ZoomInfo? We Explain Here
Henry Schuck established what would become ZoomInfo in 2007. The objective? Help the countless sales, marketing, and recruiting professionals.
B2B teams depend on precise firmographic, technographic, contact, and intent data regardless of industry or size. The acquisition of ZoomInfo by DiscoverOrg raised the bar for business-to-business intelligence while providing customers with access to the best calibre, volume, and depth of B2B data.
As part of the largest software IPO in a decade, ZoomInfo continues to develop and became a publicly traded company in the summer of 2020.
Kirk Brown and Henry Schuck launched the organisation DiscoverOrg in 2007. It bought its rival Zoom Information, Inc. in February 2019 and changed its name to ZoomInfo. Henry Schuck, CFO of DiscoverOrg, Cameron Hyzer, and Chris Hays, CRO of the combined company, all assumed their previous positions.
Indefinitely defunct link Founders Yonatan Stern and Michel Decary founded Zoom Information as Eliyon Technologies back in 2000 and was purchased for $240 million in cash by the private equity firm Great Hill Partners in August 2017.
On June 4, 2020, ZoomInfo went public and began trading under the ticker “ZI” on the Nasdaq Global Select Market.
The company purchased RainKing in 2017 under the name DiscoverOrg, followed by NeverBounce and Datanyze in 2018. ZoomInfo purchased Komiko in 2019 and Clickagy and EverString Technology in 2020. ZoomInfo purchased Insent, Chorus.ai, RingLead, and other companies in 2021.
What is the purpose of ZoomInfo?
Salespeople, marketers, and recruiters utilise ZoomInfo to maximise their lead generation efforts by giving them access to a sizable company contact database and a variety of prospecting and sales intelligence tools.