Venture-backed startups line up for U.S. government stimulus loans after weighing risks
April 17, 2020 at 06:33 AM EDT
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.
