Zoom has announced its first acquisition. The company acquired Keybase, an encrypted messaging app to cover up for one of the major security concerns that have been raised in the past months.
We are proud to announce the acquisition of Keybase, another milestone in Zoom’s 90-day plan to further strengthen the security of our video communications platform. Since its launch in 2014, Keybase’s team of exceptional engineers has built a secure messaging and file-sharing service leveraging their deep encryption and security expertise. We are excited to integrate Keybase’s team into the Zoom family to help us build end-to-end encryption that can reach current Zoom scalability.
Zoom has experienced a growth spike which transcended expectations . The company’s easy to use and affordable video conferencing application became the Facebook of video conferencing apps.
It grew from 10million active daily users to 300million daily active users within three months. However, the growth brought with it a lot of downsides. Its inadequate security feature made it an easy target for Hackers.
The platform which is popular among users of all ages was plagued with Zoombombing- a practice that involved interrupting meetings by showing videos of hate or pornographic nature.
There was also an allegation of data mining amidst other security concerns. This led to some countries and companies banning the app from being used by their citizens and employees.
The company CEO addressed the concerns and reiterated Zoom’s commitment to addressing the growing security concerns .
