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Xoom Corporation was founded in 2001 by Alan Braverman and Kevin Hartz, [1] with its headquarters in San Francisco, California. [2]In June 2010, Xoom was cited in a study by the Inter-American Dialogue of 79 remittance service providers, as having amongst the highest consumer satisfaction ratings.
In March 2018, NRG Energy acquired XOOM Energy, a retail electricity provider, for $210 million. XOOM Energy served 300,000 customers in the East, which was added to NRG Energy's retail profile. [21] In a partnership with Cypress Creek Renewables, NRG is offering a long-term, fixed price, consumer solar energy project in June 2018.
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In March 1997, Xoom became a web hosting (offering 100 MB) and an e-mail hosting website. The company acquired several small service providers in 1997 and 1998, including Paralogic, creator of ParaChat, which was the largest chat network on the web at the time, and PageCount, a web counter service. The main revenue sources for the company were ...