Startups competing to remake remote work and video conferencing - Business Insider

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The market for remote work tech is now valued at more than $3 billion. Here are 7 booming startups vying for the online office crown.

While major corporations and small businesses are suffering from economic setbacks caused by the coronavirus, a roster of startups are capitalizing on the increased remote workforce demand.

Virtual collaboration startups — including Zoom and Slack — specialize in making remote meetings, conference calls, and digital communication run smoothly. Business Insider compiled a list of startups that have experienced product booms since the start of the novel coronavirus pandemic, and how they can help make your remote team more productive. More people around the world are working remotely — and the need for virtual conferencing platforms is at an all-time high.

In the midst of the global coronavirus pandemic, remote work has become the new normal. Wall Street analysts at Bernstein Researchthere has been an increase in demand for virtual conferencing companies.

Business Insider compiled a list of startups that have experienced product booms since the coronavirus outbreak. Online events platform Hopin came out of stealth mode three weeks ago and raised $6.5 million in funding.

 

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Wow and I was scared to jump into $ZM should’ve followed my intuition

😒😒😒

It needs some catalysts huh? What does it want to grow in to? A couple trillion USD worth economy right?

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