Home Business NewsBusiness Workplace chat app Slack hits $7.1bn valuation

Workplace chat app Slack hits $7.1bn valuation

by Purvai Dua
22nd Aug 18 10:16 am

Slack, the workplace communications platform, has raised another $427m in its latest round of funding that values it at over $7.1bn.

The San Francisco-based company, which now has more than 8m daily active users, was launched in 2014 and was valued at $5.1bn just a year ago.

“Slack is an exceptional company that is revolutionizing the way people collaborate, and we look forward to a long term partnership with the Slack team as they continue to grow the business,” said Marc Stad, Founder and Managing Partner of Dragoneer, in a statement.

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