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Zoom clarifies cloud stance as it pushes for billions more in funding

January 13, 2021

Via: Techradar

Digital collaboration tool Zoom has clarified who its favorite cloud provider really is as the firm looks to instigate a huge funding push. In a new preliminary prospectus, the company revealed that it hopes to raise $1.75 billion through a new stock offering and that it loves Oracle and AWS equally.

Last year, Oracle initially asserted that it was Zoom’s cloud partner of choice, only for AWS to make a conflicting claim a few months later. In its prospectus, Zoom has sought to clear up any confusion by revealing that neither, or both if you’re of a positive disposition, is its preferred cloud partner.

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