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Zoom adds 13 new apps to its $100 million Apps Fund

App for video meetings Zoom said on Monday that 13 new apps had been funded as part of its $100 million Apps Funds, bringing the total number of platforms to 25. 

The Zoom Apps Fund is a $100 million global initiative to accelerate the development of Zoom apps, integrations, and hardware. Portfolio firms receive a $250,000 to $2.5 million investment to develop technologies that will become key to how Zoom customers meet, communicate, and work.

“The Zoom developer ecosystem continues to be critical for innovating how Zoom users connect, collaborate, and get more done together,” said Colin Born, Head of Zoom Ventures.

 “We’re extremely proud to fund these partners so they can continue to develop high-quality solutions that meet the evolving needs of Zoom users around the world,” he said in a statement.

The second round of investments includes 13 firms developing solutions for collaboration and productivity, DE&I and PeopleOps, gaming and entertainment, health and wellness, and meeting intelligence and sales enablement. 

Filo.co powers collaborative virtual meetings and events, whereas Allo is a collaborative whiteboard tool designed for remote and hybrid teams. Mio is the premier chat interoperability solution, whereas Grain is the easiest way to record, transcribe, and edit Zoom conference videos.

“Clovers is the intelligent interview platform that uses human and conversational intelligence to accelerate hiring, uncover bias and put the right people in the right role,” the company said.

The Zoom Apps Fund announced the addition of 12 new companies to its developer ecosystem in August.

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BRL Editorhttps://businessreviewlive.com
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