Stewart Butterfield's Slack raises $427 mln in Series H round
Slack, an enterprise messaging software provider, said it raised US$427 million in a Series H financing at a post-money valuation of more than US$7.1 billion. The round was led by Dragoneer Investment Group and General Atlantic. They were joined by T. Rowe Price Associates, Wellington Management, Baillie Gifford, Sands Capital and the company's existing investors. The Series H round brings total financing raised by Slack to about US$1.3 billion. San Francisco-based Slack, which has an office in Vancouver, was launched in 2014 by CEO Stewart Butterfield, a Canadian entrepreneur.
21 August 2018•2 mins read
