Friday, October 31, 2014

Slack Scores $120M For Team Communications

San Francisco-based communications platform developer Slack has raised a huge, $120M funding round, the company said this morning, in a round led by Kleiner Perkins Caufield & Byers and Google Ventures. The funding also included Andreessen Horowitz, Accel Partners and Social+Capital Partnership. Slack is led by Stewart Butterfield, who was a co-founder of Flickr. The round reportedly values Slack at $1.12 billion. The company has now raised a total of $180M.