Friday, April 17, 2015

Slack Raises $160M At $2.8 Billion Valuation

San Francisco-based Slack, the developer of a corporate messaging and collaboration app, has raised $160M in funding, which gives the company at a post money $2.8 billion valuation. Slack--which is led by Stewart Butterfield--said the funding came from Horizons Ventures, DST Global, Index Ventures, Spark Capital, and Institutional Venture Partners balong with Andreessen Horowitz, The Social+Capital Partnership, Accel Partners, Google Ventures, and Kleiner Perkins Caufield & Byers.