While most of the economy sputters, start-ups that are seeing a rush of users are also being inundated with calls from prospective investors.
reported last week that Figma, which sells cloud-based design software, is raising a round of at least $50 million and is doing so sooner than previously expected.
Cameyo's remote access technology allows companies to get employees set up to work from home without needing virtual private networks and the corresponding software on every laptop or desktop. Rather than relying on VPNs, Cameyo delivers the technology through a browser-based tool that can be installed in hours for hundreds of employees.
Miller also knows that while he can try to forecast what his business will look like when people start returning to the office, it's just an educated guess.Jeff Yasuda is making a similar calculation as he considers funding for his music start-upYasuda started the product in 2013 to create a back-end service so apps that wanted to include music in a shopping or gaming experience could do so without worrying about all the complex licensing issues.
Yasuda said he's getting calls from all sorts of private equity and venture capital firms, who see the growth in at-home fitness subscriptions and are looking to invest in the "arms dealers" for those companies. It's ironic, says Yasuda — he's been working on music start-ups for 15 years, and investors have always run the other way because of the litigiousness of the music industry, which has made it almost impossible to make money.
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