Stewart Butterfield's Slack raises $160 mln in funding, valued at $2.8 bln
Slack Technologies Inc, a group messaging platform launched in early 2014 by Canadian entrepreneur Stewart Butterfield, has secured US$160 million in new investment at a post-funding valuation of US$2.8 billion. New and existing investors committed to the deal, including Accel Partners, Andreessen Horowitz, The Social+Capital Partnership, Kleiner Perkins Caufield & Byers, Google Ventures, Horizons Ventures, Institutional Venture Partners, Spark Capital Growth, DST Global and Index Ventures. Slack, which has offices in San Francisco and Vancouver, said daily use of its technology has grown to more than 750,000 people. It reports having raised US$340 million since its founding.
16 April 2015•3 mins read
