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Zoom Raises $6M Series A, Launches Version 1.0 Of Its Radically Different Virtual Conferencing Tool

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http://techcrunch.com – Zoom, a startup founded by WebEx and Cisco veterans that wanted to make high quality video conferencing and virtual meetings accessible to everyone, instead of just those with the budgets to invest in expensive hardware and even more expensive software, today announced a new $6 million Series A round of funding, supplied by Qualcomm Ventures, Yahoo founder Jerry Yang, WebEx founder Subrah Iyar and former Cisco SVP and General Counsel Dan Scheinman. In tandem with the funding announcement, Zoom is also launching their version 1.0 product, which includes the introduction of their first paid off (IT news)