|Industry||Software as a Service|
|Founder||Yonatan Stern + Henry Schuck|
|Revenue||$ 350 million (2019) |
Number of employees
ZoomInfo is an American subscription-based software as a service (SaaS) company based in Waltham, Massachusetts 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 founder Yonatan Stern. After its acquisition by DiscoverOrg, its current CEO is Henry Schuck.
Zoom Information Inc. (ZoomInfo) was founded by Yonatan Stern in 2000 as Eliyon Technologies. In 2017, ZoomInfo received a private equity investment from Great Hill Partners, a Boston-based private equity firm, of $240 million. In September 2018, ZoomInfo acquired Datanyze a technographics data provider and platform. In 2019, it was acquired by DiscoverOrg, for an undisclosed amount.
Zoominfo is a sales and marketing intelligence company. In Zoominfo's original business model, it sold access to its database of information about business people; its initial customers were human resources professionals, and people interested in targeting ads to business people and tracking their responses. In 2005 it said had information on about 25 million people and 1.5 million companies; by 2007 it said it had information on about 40 million people.
Zoominfo acquired and maintains its database by copying data from the internet using a proprietary web crawler called NextGenSearchBot, analyzing the copied data to extract information, and storing the information in a database.
Private equity acquisition
In August 2017 Great Hill Partners, a private equity firm, acquired ZoomInfo for $240 million in cash.
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.
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- "DiscoverOrg acquires ZoomInfo to strengthen sales and marketing contact database offering". GeekWire. 2019-02-05. Retrieved 2019-06-28.
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- Official website
- O'Brien, Kelly J. (August 17, 2017). How ZoomInfo's CEO sold three companies for $431M over 24 years. Boston Business Journal.