Slack is raising a $250 million round at $5 billion valuation

Slack is raising a $250 million round at $5 billion valuation

7 years ago
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https://techcrunch.com/2017/07/26/slack-is-raising-a-250-million-round-at-5-billion-valuation

Enterprise messaging service Slack is raising a $250 million round at a $5 billion valuation, TechCrunch has confirmed. We’re hearing that SoftBank, Accel Partners and other existing investors participated.

The $250 million financing amount was reported by Bloomberg. Axios first had the names of the lead investors. Recode originally reported on a $500 million round last month, but we’re hearing that was likely in reference to the same round and the amount just wound up being $250 million.