ZoomInfo

From Wikipedia, the free encyclopedia
(Redirected from Datanyze)
Jump to navigation Jump to search
Not to be confused with Zoom Communications.

ZoomInfo Technologies Inc.
FormerlyDiscoverOrg
Company typePublic
IndustryData broker
Founded2007; 19 years ago (2007)
Founders
HeadquartersVancouver, Washington, U.S.
Key people
  • Henry Schuck (CEO)
  • Cameron Hyzer (CFO)
  • Chris Hays (COO)
RevenueDecrease US$1.21 billion (2024)
Decrease US$97.4 million (2024)
Decrease US$29.1 million (2024)
Total assetsDecrease US$6.47 billion (2024)
Total equityDecrease US$1.69 billion (2024)
Number of employees
3,508 (2024)
Subsidiaries
  • Rainking
  • NeverBounce
  • Datanyze
  • Komiko
  • Clickagy
  • EverString Technology
  • Insent
  • Chorus.ai
  • RingLead
Websitewww.zoominfo.com/about
Footnotes / references
[1]

ZoomInfo Technologies Inc. is a registered data broker in the United States.[2] The company collects and sells personal data, both public and private, through various means of data and web scraping. Information about business entities like companies and departments are also collected and offered.[3][4] These personal information are available for sale, where other businesses can use the collected data for targeted marketing.[5]

The company is the subject of numerous complaints and multiple lawsuits concerning its collection and sales of personal data.[6][7]

History

[edit | edit source]

In 2007, DiscoverOrg was founded by Henry Schuck and Kirk Brown. In February 2019, it acquired its competitor, Zoom Information, Inc. and rebranded as ZoomInfo.[8][3] DiscoverOrg's CEO Henry Schuck, CFO Cameron Hyzer, and Chief Revenue Officer Chris Hays kept their roles.[9][10] Zoom Information was established in 2000 as Eliyon Technologies by founders Yonatan Stern and Michel Decary,[8][11] and in August 2017 was acquired by Great Hill Partners, a private equity firm, for $240 million.[12]

In June 4, 2020, ZoomInfo became a publicly traded company on the Nasdaq Global Select Market under the ticker symbol “ZI.”[13]

Acquisitions

[edit | edit source]

In 2017, as DiscoverOrg, the company acquired RainKing and in 2018, NeverBounce[14] and Datanyze.[15] In 2019, ZoomInfo acquired Komiko and in 2020, Clickagy and EverString Technology. In 2021, ZoomInfo acquired Insent,[16] Chorus.ai,[17] and RingLead.[18][19]

Lawsuits

[edit | edit source]

Zoominfo is subject to multiple lawsuits for illegally collecting and selling personal data without consent,[20][21][22] misleading investors and artificially inflating its stock price.[23] Zoominfo is accused of "omitting truthful information about the company’s customer base, its subscription renewal practices, and other issues from SEC filings and related material" in the latter lawsuit.[23]

References

[edit | edit source]
  1. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  2. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  3. ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  4. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  5. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  6. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  7. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  8. ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  9. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  10. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  11. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  12. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  13. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  14. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  15. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  16. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  17. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  18. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  19. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  20. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  21. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  22. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  23. ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
[edit | edit source]
  • Official website
  • Business data for ZoomInfo Technologies Inc.:
Retrieved from "http://70.231.62.181/index.php?title=ZoomInfo&oldid=13940444"