Wednesday, August 08, 2018

Slack is raising $400M+ with a post-money valuation of $7B or more -- TechCrunch

Once again: a less-constrained Slack
"Slack — the app that lets coworkers and others in professional circles chat with each other and call in data from hundreds of integrated apps in the name of getting more work done (or at least procrastinating in an entertaining way) — has been on a growth tear in the last few years, most recently passing 8 million daily active users, 3 million of them paying. Now, the company is planning to capitalise on that with some more funding.

TechCrunch has learned that Slack is raising another round, this time in the region of $400 million or possibly more, with a post-money valuation of at least $7 billion — adding a whopping $2 billion on top of the company’s last valuation in September 2017, when SoftBank led a $250 million round at a $5.1 billion valuation."
Slack is raising $400M+ with a post-money valuation of $7B or more  -- TechCrunch

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