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Zoom announces $100 million venture fund to help propell its continued growth

The virtual platform that has become a favorite of many companies and individuals is launching its own $100 million venture fund. Video conferencing company Zoom has announced “Zoom Apps Fund” that will invest in portfolio companies that aim to revolutionize the way in which Zoom customers meet, collaborate and communicate on its rapidly expanding platform. According to last week’s announcement, initial investments will range between $250,000 and $2.5 million to build those solutions.

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