Friday, 24 March, 2023

Zoom launches $100 mn funds to invest in apps, hardware using VC software

<p>Zoom has created $100 mn funds to invest in startups that build application and services using its video conferencing technology. Zoom CFO Kelly Steckelberg, in an interview, said that the company will invest anything between $250,000 and $2.5 mn into firms building &quot;Zoom Apps&quot; that plugs its popular VC software to build new features. The fund will also be open to telemedicine app providers or conference room hardware makers.</p> <p>&nbsp;</p>