Tech Company Financing Transactions
Slack Funding Round
Slack, based in San Francisco, raised $250 million from SoftBank Group.
Transaction Overview
Company Name
Announced On
9/19/2017
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The fund provides resources which will help Slack to run as a cash-generating company and the raise will reduce its dependence on outside financing, Slack Chief Executive Stewart Butterfield said.
Company Information
Company Status
Publicly-held
Industry
Enterprise IT
Mailing Address
500 Howard St.
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
Slack (NYSE: WORK) is a real-time messaging, archiving and search tool for modern teams.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stewart Butterfield
Chief Financial Officer
Allen Shim
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We do our best to record every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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