Fast-growing team-messaging startup Slack is almost finished raising a new round of funding totaling $160 million at a $2.76 billion valuation, if a new report today is correct.
DST Global, Horizons Ventures, Index Ventures, and Institutional Venture Partners are participating in a new funding round that’s set to close in the next few weeks, the Wall Street Journal is reporting, citing unnamed sources.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1686222,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"A"}']Slack wouldn’t comment on today’s report, which follows a report from Bloomberg on Monday that put Slack’s post-money valuation above $2 billion.
Slack allows colleagues — or, alternatively, friends and family members — to communicate with each other in chat rooms and direct messages, on many types of devices. The San Francisco startup announced a $120 million funding round in October.
AI Weekly
The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.
Included with VentureBeat Insider and VentureBeat VIP memberships.
Slack’s competitors include Facebook, Microsoft, VMware, and Atlassian.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More