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Tuff-Stuff

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Tuff-Stuff

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Monday, 09/18/2017 5:22:30 AM

Monday, September 18, 2017 5:22:30 AM

Post# of 76351
Slack valued at $5.1 billion after new funding led by SoftBank

Reuters Staff

September 18, 2017 / 3:16 AM / Updated 2 hours ago

-

Software startup Slack Technologies Inc said it raised $250 million from SoftBank Group Corp (9984.T) and other investors in its latest funding round, boosting the company’s valuation to $5.1 billion.

The latest fund-raising, led by SoftBank through its giant Vision Fund and joined by Accel and other investors, lifted Slack’s total funds raised to $841 million, the enterprise messaging operator said in an emailed statement.



more http://www.reuters.com/article/us-slack-fundraising/slack-valued-at-5-1-billion-after-new-funding-led-by-softbank-idUSKCN1BT0KO?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

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