Zoom Video Communications Inc.’s finance chief chose an equity raise over a debt sale as the software company pursued more funding to build out its operations.San Jose, Chalif-based Zoom, which has seen significantly higher demand for its videoconferencing services during the coronavirus pandemic, on Friday said it had closed its stock offering after selling $2 billion in shares priced at $340 each.The company initially Planned to collect $1.5 billion to $1.75 billion from investors, but ended up raising more on solid demand for its shares, Chief Financial Officer Kelly Steckelberg said. The fundraising, which was the company’s first since its initial public offering in 2019, just about doubled the amount of cash Zoom is holding. The new capital will possibly be spent on extending the company’s sales force and marketing, and for building out its data centers. Zoom last year stated that it would increase its research and development capabilities in Singapore and Bangalore, India. Some of the cash could also be used for mergers and acquisitions.