BitAccess Technologies Ltd., among other businesses that have had success growing from Garage's initial investments. Among their notable investments include BufferBox Inc., which was acquired by Google for $17 million WealthSimple Financial Services Inc. 'By addressing the huge market demand for cloud-based video conferencing, Zoom is seizing a leadership position and filling the void created by the industry's fading legacy providers,' said Eric S. The firm has invested over $1 billion into more than 200 companies since its inception. Zoom had previously raised a total of 45.5 million from Emergence Capital, Horizons Ventures, AME Cloud Ventures, Qualcomm Ventures, and others. Garage Capital's investment focus includes: advanced information technologies artificial intelligence (AI) quantum computing cognitive computing quantum physics DNA sequencing and synthetic biology medical devices/prosthetics/wearables/bionics robotics/automation for manufacturing or health care software for industrial use cases (e.g., IoT), consumer apps like Uber or AirBnB The company was founded in 1999 by Mike Lazaridis and Doug Fregin, who remain its co-chairs today. Zoom Video Communications: PV may organize and host meetings with existing or prospective investors, representatives from portfolio companies and invitees. Garage Capital is a venture capital firm that invests in early-stage companies in the technology, life sciences, and clean-tech industries. Zoom, the cloud video conferencing company, today announces that it has raised 30M in Series C funding, led by Emergence Capital, with participation from Zoom's existing investors Li Ka-shing's Horizons Ventures, former Yahoo CEO and co-founder Jerry Yang, Qualcomm Ventures, and medical entrepreneur Dr.
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