RENO, Nev. — Teams. Hangouts. Zoom.
Before the coronavirus pandemic hit the U.S. in March — shuttering states, shutting in millions of Americans and shifting the economic landscape — these three terms likely brought to mind sports, friends and fast cars, respectively.
Fast-forward five months, and Zoom, Teams and Hangouts are now synonymous with companies and people staying virtually connected in the age of COVID-19, which forced the migration of millions of employees to work from home and created a rising demand from people who want to see their friends and relatives while in quarantine.
Simply put, the hottest market in tech is videoconferencing software. In fact, the market is expected to be worth more than $50 billion by 2026, according to new research from Global Market Insights.
Perry Rosenstein, a Reno resident who in 2019 founded Icebreaker, a video-enabled virtual event platform, saw things heading in this direction — just not this quickly. And, really, pre-COVID, no one could have predicted the gold rush in the video software space.
Read the entire story in the Northern Nevada Business Weekly: https://www.nnbw.com/news/primed-for-a-pandemic-two-reno-startups-that-are-set-up-for-success-in-the-covid-era/