The video conferencing platform has made the first investments from its $100m fund as it looks to expand its app suite.

Video conferencing platform provider Zoom has made the initial investments out of its $100m Zoom Apps Fund, TechCrunch reported on Monday.

Over a dozen companies reportedly comprise the first batch of investments, which are understood to include project management platform Hive, networking app Warmly and video call-recording app Fathom – all based in the US.

Zoom launched the fund to stimulate growth in its app ecosystem, putting money behind developer partners that may complement the suite of apps Zoom is…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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