In the framework of its newly launched Slack Platform, Slack, the San Francisco, CA-based company that provides a communication platform for teams, announced an $80m venture capital fund.
Backed by Slack and six of its investors including Accel Partners, Andreessen-Horowitz, Index Ventures, Kleiner Perkins Caufield Byers, and Social+Capital, the new vehicle aims to support and encourage developers to build apps that interact with Slack.
The company expects to support a diverse array of entrepreneurs working on solving problems for teams in every industry, function, and part of the world. The It is open to both “Slack-first” apps as well as B2B and enterprise tools that make Slack integrations a core part of their offering.
According to a post, Slack will measure the success of the Slack Fund in the quality and adoption of the apps built by backed companies and by the overall investment we see in the Slack ecosystem.