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