Zoom creates a $ 100 million fund to help startups using its video technology

Zoom announced the creation of a $ 100 million investment fund to help startups. Funds will be issued to developers who use video service tools to create their solutions and products. Writes about this Techcrunch.

“We are looking for startups with a viable product ready to go to market and willing to develop the Zoom ecosystem. We are ready to invest in such projects, ”said Colin Born of Zoom.

A dedicated Zoom team will be responsible for selecting participants for the program. She will also be in charge of project control. Each startup can receive anywhere from $ 250,000 to $ 2.5 million in funding. The company will also provide developers with access to “Zoom resources and connections” to help them succeed. You can apply for participation on a special website.

At the end of March, Zoom announced new SDK tools. Presumably, with their help, you can create your own video services based on the company’s technologies. Also, developers can integrate the video service into their projects. In case of problems, those who wish can turn to Zoom experts for help.