Zoom launches $100m fund to invest in start-ups
Zoom CFO says the fund will make investments of between $250,000 and $2.5m in companies building ‘Zoom apps’
19 April 2021 - 21:41
San Francisco — Zoom Video Communications on Monday said it has created a $100m fund to invest in start-up software companies that build apps using its technology.
The video conferencing company has become a household name during the pandemic as businesses and schools shifted to its platform, along with rival platforms such as Microsoft's Teams and Cisco Systems's Webex...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.