Venture-backed startups line up for U.S. gov’t stimulus loans after weighing risks
The COVID-19 pandemic arrived just as
Respond Software CEO and co-founder Mike Armistead was trying to
sell automated cyber security software to new clients. Most of
them are no longer in a buying mood. So Respond Software, a
50-employee, venture-backed startup, applied for about $1
million in government support.
Respond Software CEO and co-founder Mike Armistead was trying to
sell automated cyber security software to new clients. Most of
them are no longer in a buying mood. So Respond Software, a
50-employee, venture-backed startup, applied for about $1
million in government support.
Posted by Reuters
