Zoom, a provider of enterprise video and web communications technology, has raised a $100 million Series D from Sequoia, with participation from Emergence Capital, AME Cloud Ventures and Qualcomm Ventures. As part of the financing, which reportedly values Zoom at $1 billion, Sequoia partner Carl Eschenbach has joined the company’s board of directors. This round brings Zoom’s total raised to about $146 million, which includes a $30 million investment led by Emergence in February 2015.
Zoom joins the likes of Slack and Fuze as communication software companies that have raised nine-figure rounds recently. Slack was valued at $3.8 billion with a $200 million financing last April, while Fuze snagged a $112 million funding at a $723 million valuation last February. There has been some liquidity action in the space, too. Twilio (NYSE: TWLO) was one of the few tech companies that took the plunge into the public markets last year, and it had raised hundreds of millions in VC prior.
Here are the eight most active VCs in communication software startups since the beginning of 2013, along with investment counts (not including accelerator rounds):