On January 2017, Zoom has officially entered the Unicorn club and attracted $100 million in Series D funding from Sequoia Capital at a billion dollar valuation. The announcement was coupled with the release of Zoom 4.0. According to CEO Eric S. Yuan, the company will be banking the investment and investing in portions that need development, rather than planning a project with these funds, since Zoom has had a cash-flow-positive status in the last quarter.[22]