Slack is financing 200 million valuation of 3 billion 800 million

[Abstract]]Slack is a popular communications and chat application for businesses that support groups to send private messages to each other, or join a group channel.

 

BI Chinese station on March 12th reported

informed sources broke the news that the enterprise chat application Slack is $200 million financing, its valuation is currently $3 billion 700 million to $3 billion 800 million. Although financing is expected to end in a few weeks, but many details have emerged. Harvard University graduates, emerging insurance company Oscar Healthcare founder Joshua · (Joshua Kushner) founded by New York venture capital company Thrive Capital lead investment. In addition, Slack more than a few former investors also invest.

Slack is a popular communications and chat application for businesses that support groups to send private messages to each other, or join a group channel. Slack has a very good subscription revenue model, its daily active users reached 2 million 300 thousand people, nearly 700 thousand people pay to use other services and features on its platform. Slack was founded about 2 years ago and is now operating at around $64 million a year.

Slack hopes to replace e-mail in the future, become the most important way of electronic communication. Stewart, chief executive officer of ·, Slack (Stewart Butterfield) previously said that his goal is to end the office E-mail, because compared with the application of the message, e-mail efficiency is too low. Slack’s latest survey shows that since the use of Slack, its users use e-mail reduced by 50%.

Thrive Capital had earlier investment in start-ups, and now began to compete with more veteran venture capital institutions, more and more large-scale investment. Thrive Capital has invested in Instagram, when the latter is about to spend $1 billion acquisition of Facebook. Thrive Capital also supports payment company Stripe and code sharing site GitHub.

"the Wall Street journal" reported that Slack is another round of large-scale financing after the news, the U.S. technology website The Information first broke the news that Thrive Capital will participate in the Slack2 billion to $250 million in financing, the valuation of about $3 billion 600 million.

1 years ago, Slack had raised $160 million, was valued at $2 billion 800 million. Microsoft is said to have intended to spend $80 acquisition of it, but was rejected by Gates. After the completion of the current round of financing, Slack financing will total more than 500 million u.s..

Slack CEO Butterfield had created a popular image sharing site >


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