Sequoia invests $100 million in Zoom video conferencing service

 Zoom, the cloud video conferencing service, announced a $100 million Series D round, entirely funded by Sequoia. The company also announced a significant update to the product that includes the ability for customers and third parties to build applications on top of the Zoom platform. The company, which was cash-flow positive last quarter, had previously raised $45.5 million. It actually… Read More