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.
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.
June 5th: The AI Audit in NYC
Join us next week in NYC to engage with top executive leaders, delving into strategies for auditing AI models to ensure fairness, optimal performance, and ethical compliance across diverse organizations. Secure your attendance for this exclusive invite-only event.
Slack’s competitors include Facebook, Microsoft, VMware, and Atlassian.
