May 28, 2023

Dropbox joins Bay Area companies to distribute $22M for COVID-19 crisis

Organizations responding to the crisis will receive funding from 25 firms, with an emphasis on COVID-19 funds administered by the United Nations Foundation, CDC Foundation, and Silicon Valley Community Foundation. The funding will help disadvantaged groups, organizations, small companies, and national and international public health response initiatives.

Dropbox is pleased to partner with 24 more Bay Area businesses to provide an initial $22 million in combined financing for groups working to address the COVID-19 epidemic.

25 firms are banding together to sponsor the COVID-19 Coronavirus Regional Response Fund of the Silicon Valley Community Foundation, the COVID-19 Solidarity Response Fund of the United Nations Foundation, or the Emergency Response Fund of the CDC Foundation in order to coordinate efforts, boost effect, and inspire more businesses to join involved. These resources will aid in addressing the issues brought on by the COVID-19 epidemic for communities and public health responders.

According to Judy Monroe, MD, president and CEO of the CDC Foundation, philanthropic and private sector financing is crucial for use alongside government funding to meet requirements that occur in emergency circumstances where saving and safeguarding life depends on quick thinking and adaptability. We are sincerely appreciative of everyone’s cooperation in addressing the extremely serious coronavirus threat at this time.

The worldwide public health response will also be helped by funding for the COVID-19 Solidarity Response Fund of the United Nations Foundation. The World Health Organization will use these monies to directly support its efforts to assist nations in preventing, identifying, and combating the COVID-19 pandemic. Elizabeth Cousens, president and chief executive officer of the UN Foundation, declared that everyone has a personal interest in overcoming this pandemic.

Whereas businesses in each of the 10 Bay Area counties will benefit from funding for the COVID-19 Coronavirus Regional Response Fund of the Silicon Valley Community Foundation. These monies will benefit those who are directly touched by this crisis, such as low-income people and families, nonprofit groups, and small companies.

In this endeavor, we’re collaborating with companies like DocuSign, Cisco, PagerDuty, Palo Alto Networks, GitHub, Intuit, ServiceNow, Silicon Valley Bank, LinkedIn, Workday, Zoom Video Communications, NetApp, Pure Storage, Salesforce, Okta, Autodesk, Box, Pledge 1 percent, Postmates, SAP, Slack, SurveyMonkey, Twilio, and Zuora.

Read More:- Abacus.AI, Raises a $50M Series C Funding, Manage AI Models | Unacademy Raises Funds From Tiger Global, And Dragoneer At A $2B Valuation | In Series A- Stacker Raises $20M Funding to Help Business Units Build Software without Coding

Read Previous

Imperfect Foods raised $95M led by Norwest Venture Partners

Read Next

How Can I Find an Online Loan Lender?

Most Popular