The Bloomberg-backed communication platform has set up a fund to support startups developing apps on its platform.
US-based web and app communications platform Layer has established a fund that will provide seed funding to startups developing products using its service.
Layer Fund I will provide between $50,000 and $100,000 in seed funding to startups and will operate as a syndicate through investment platform AngelList. It was originally proposed by one of Layer’s backers, Bloomberg Beta, the corporate venturing unit of media company Bloomberg.
Bloomberg Beta and fellow Layer investors AnthemVP, Crunchfund, Data Collective, Jean Pigozzi, Promus Ventures,…
