Zoom escalated past $100 billion in its public existence of mere 14 months. It became one of the very few companies ever to grow this fast in such short span. Zoom was reliant on only one single product and a small acquisition for such rapid growth in the market.
The video chat company had a whopping 191% revenue growth in the latest quarter that pushed the company to purchase Five9 company, which sells cloud-based software to call centers for $14.7 billion.
According to FactSet, the Five9 deal is one of the 10 largest U.S. enterprise software transactions on the market record.