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Zoom establishes a $100 million fund: invest in apps that use its tech gizchina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gizchina.com Daily Mail and Mail on Sunday newspapers.
Zoom launches $100 million fund to invest in apps using its technology FILE PHOTO: Illustration picture of Zoom logo (Reuters) – Zoom Video Communications Inc on Monday said it has created a $100 million fund to invest in startup 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 Corp’s Teams and Cisco Systems Inc’s Webex. Zoom Chief Financial Officer Kelly Steckelberg told Reuters that the fund will make investments of between $250,000 and $2.5 million into companies building “Zoom Apps” that plug into the company’s video conferencing software to add new features to it. ....
Zoom launches $100 million fund to invest in apps using its technology streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
COVID-19 changed the fates of these 5 startups. What's next? siliconangle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconangle.com Daily Mail and Mail on Sunday newspapers.
Author Bio Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work! Follow @TMFMathGuy Zoom Video Communications (NASDAQ:ZM) has been one of the best-performing stocks of the past year or so, but has pulled back a bit recently. In this Fool Live video clip, recorded on April 1, 2021, Fool.com contributor Brian Withers makes his case for why Zoom is still an excellent long-term opportunity. ....