Vancouver, Wash. marketing startup ZoomInfo files for $500M IPO

ZoomInfo CEO Henry Schuck. (ZoomInfoPhoto)

Vancouver, Wash.-based marketing software firm ZoomInfo filed for a $500 million IPO that would make it the first Portland-area company to go public since nLight nearly two years ago.

  • The 13-year-old company, formerly known as DiscoverOrg, acquired and assumed the name of ZoomInfo last year. It helps marketing teams customize sales pitches by providing data on companies and executives.
  • The startup brought in $293.3 million in revenue in 2019, more than double its 2018 revenue of $144 million, according to a filing with the U.S. Securities and Exchange Commission. ZoomInfo’s net loss nearly tripled from 2018 to 2019, from $28.6 million to $78 million.
  • ZoomInfo acquired Komiko, a 4-year-old Seattle-area CRM startup, in November and bought email verification startup NeverBounce in March. Just this week, Smartsheet CEO Mark Mader and RingCentral CFO Mitesh Dhruv joined the company’s board of directors. 

About the Author: admin

i am as a writer and blogger...

Leave a Reply

Your email address will not be published. Required fields are marked *