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Webex has raised $47.0M across 2 funding rounds.
Key people at Webex.
Webex has raised $47.0M in total across 2 funding rounds.
Webex provides a comprehensive suite of collaboration and customer experience solutions. Its core offering includes industry-leading video conferencing, calling, and contact center capabilities, designed to support hybrid work models. The platform delivers secure tools for virtual meetings, team messaging, and events, facilitating seamless communication and productivity across diverse environments.
The company was founded in 1996 by Min Zhu, initially named ActiveTouch. Min Zhu, with Subrah Iyar, recognized the growing need for efficient global business communication, observing limitations of traditional methods. Their foresight in developing accessible web-based meeting solutions established a pioneering online conferencing platform, acquired by Cisco in 2007.
Webex serves organizations globally, empowering their workforces with robust collaboration technologies. Its vision centers on driving flexible work by offering integrated solutions that blend virtual and physical interactions. The company strives to foster inclusive communication, allowing users to connect and achieve goals effectively from any location, shaping a more interconnected future of work.
Cisco Webex is a leading cloud-based collaboration platform offering video conferencing, online meetings, webinars, messaging, calling, and AI-enhanced tools for enterprises and teams.[2][3][5] Originally founded as an independent company in 1995, it was acquired by Cisco Systems in 2007 for $3.2 billion and has evolved into a comprehensive suite serving businesses worldwide, solving remote communication challenges with features like real-time translation, meeting summaries, and secure device management.[1][2][3] It targets enterprises needing scalable collaboration, boasting over 500 million registered users by 2020 and continuous AI integrations as of 2025.[3][2]
Webex traces its roots to 1995 when Subrah Iyar and Min Zhu founded the company in Santa Clara, California, initially as Silver Computing, later renamed Stellar Computing and then ActiveTouch in 1997.[1][2][4] Iyar, an India-born entrepreneur with experience at Apple, Intel, and Quarterdeck, partnered with Zhu, who had co-founded Future Labs in 1991 for multi-point document collaboration; Quarterdeck acquired Future Labs in 1996, leading Iyar and Zhu to launch ActiveTouch for online meetings.[1][4] The WebEx name was acquired in 1999 from Traveling Software (LapLink), which had used it for offline browsing software.[1] Pivotal moments included its 2000 IPO on NASDAQ, acquisitions like Intranets.com in 2005 and Presenter in 2003, and Cisco's $3.2 billion acquisition in 2007 to bolster its collaboration portfolio against rivals like Microsoft.[2][3][4]
Webex rides the hybrid work and digital transformation wave, accelerated by the 2020 pandemic shift to remote collaboration, positioning it as a key player in unified communications as a service (UCaaS).[2][3] Its timing aligns with cloud adoption and AI proliferation, enabling Cisco to compete in a market dominated by Microsoft Teams and Zoom—early Webex leaders like Dave Berman even shaped Zoom.[2] Market forces like enterprise demand for secure, AI-driven tools favor its growth, influencing the ecosystem through integrations, 500 million+ users, and innovations like virtual classrooms.[2][3]
Webex is poised to deepen AI dominance in collaboration, expanding into advanced automation and customer orchestration amid rising hybrid work trends.[2][5] Expect further acquisitions and integrations to counter competitors, evolving its influence as Cisco's flagship for seamless, intelligent communication—building on its pioneer status to redefine enterprise teamwork.[2][3]
Key people at Webex.
Webex has raised $47.0M across 2 funding rounds. Most recently, it raised $22.0M Series U in April 2000.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2000 | $22M Series U | — | NEW Enterprise Associates | Announced |
| Nov 1, 1999 | $25M Series C | — | NEW Enterprise Associates | Announced |
Webex has raised $47.0M in total across 2 funding rounds.
Webex's investors include New Enterprise Associates.
