Slack Raises $200M in VC Funding

slackSlack Technologies, Inc., a San Francisco, CA-based team communication platform provider, reportedly raised $200m in venture capital funding.

The round was led by Thrive Capital with participation from GGV Capital, Comcast Ventures, Sherpa Ventures and existing shareholders Accel Partners, Index Ventures, Spark Capital and Social Capital.

The round put the post-money valuation of the company at $3.8 billion.

Led by CEO Stewart Butterfield, Slack is a team communication application providing services such as real-time messaging, archiving, and search. The platform allows teams to organize conversations in open and private channels, to send direct messages to reach a colleague directly, privately and securely, drag, drop, and share files, images, PDFs, documents, and spreadsheets, to connect all the tools to Slack, and to search the entire archive.



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