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John Miller, Softletter100

John Miller, Softletter100

Rick Chapman

Rick Chapman

Softletter100

Zoom launches $100 million fund for app developers

Zoom has announced a $100 million venture fund in an aim to stimulate growth across the entire scope of the app; from the ecosystem of Zoom Apps to their developer platform and hardware.

The investment, ranging from $250k to $2.5m, will be awarded to a select number of chosen companies who propose products deemed beneficial to the experience of Zoom users.

At the time of the announcement, Zoom stated that dozens of Apps are in development, with the firm looking at this approach as a crucial component in the evolution of video communications.

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