Tag Archives: Slack

Slack raises $200 million at $3.8 billion valuation

Commentary

Slack, the popular communication application, has received another $200 million in venture capital financing from a consortium of investors led by Thrive Capital. This latest round brings the company’s total funding to $540 million and boosts its valuation from $2.8 billion to $3.8 billion. This is Slack’s biggest financing round so far and it comes at a time when a lot of investors remain wary of putting more money in tech startups. The capital could be used to develop more products like voice chat and video chat, as well as be spent on advertising and other ways to attract more users. The company currently has 2.7 million daily active users.

You can read about the deal here.

Top 20 Software & Services Deals for November 2015

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $1,200,000,000 Virtustream EMC Software & Services Acquisition
2 $810,000,000 Trustwave Singtel Software & Services Acquisition
3 $700,000,000 Acano Cisco Software & Services Acquisition
4 $500,000,000 Zenefits Consortium Software & Services Investment
5 $500,000,000 1010data Advance Software & Services Acquisition
6 $453,000,000 Lancope Cisco Software & Services Acquisition
7 $450,000,000 Palantir Undisclosed Software & Services Investment
8 $350,000,000 Annapurna Labs Amazon Software & Services Acquisition
9 $280,000,000 Elastica Blue Coat Systems Software & Services Acquisition
10 $254,890,000 Multifonds Temenos Software & Services Acquisition
11 $250,000,000 GitHub Consortium Software & Services Investment
12 $250,000,000 Tenable Insight Venture Partners, Accel Software & Services Investment
13 $200,000,000 Panaya Infosys Software & Services Acquisition
14 $200,000,000 Domo Consortium Software & Services Investment
15 $190,000,000 Caspida Splunk Software & Services Acquisition
16 $190,000,000 Smart Tuition Blackbaud Software & Services Acquisition
17 $175,000,000 SimpliVity Waypoint Capital Software & Services Investment
18 $171,000,000 Kingdee International Software Group JD.com Software & Services Investment
19 $160,000,000 Slack Consortium Software & Services Investment
20 $150,000,000 WatchDox BlackBerry Software & Services Investment

More information

  1. EMC Continues Shift To Cloud With $1.2B Virtustream Purchase (TechCrunch)
  2. Singtel buys US cybersecurity firm for US$810M (Tech In Asia)
  3. Cisco Snags Acano for $700 Million To Enhance Video Conferencing Capability (TechCrunch)
  4. Zenefits Raises $500M Series C Funding (FinSMEs)
  5. Advance Acquires 1010data for $500M (FinSMEs)
  6. Cisco Beefs Up Security, Buys Lancope For $453M (TechCrunch)
  7. Palantir Raises $450 Million, Now Valued At $20 Billion (TechCrunch)
  8. Amazon buys secretive chip maker Annapurna Labs for $350 million (Extreme Tech)
  9. Blue Coat Systems to Acquire Elastica for $280M (FinSMEs)
  10. Temenos Acquires Multifonds for €235M (FinSMEs)
  11. GitHub Raises $250M Series B Round To Take Risks (TechCrunch)
  12. Tenable Network Security Raises $250M in Series B Funding (FinSMEs)
  13. Infosys Acquires SaaS Provider Panaya In Deal Valued At $200M (TechCrunch)
  14. Domo Closes $200M Series D Financing; Valued at $2 Billion (FinSMEs)
  15. Splunk Buys Security Startup Caspida For $190M (TechCrunch)
  16. Blackbaud Acquires Smart Tuition for $190M (FinSMEs)
  17. SimpliVity Raises $175M in Series D Funding (FinSMEs)
  18. JD invests $171M in Chinese ERP software firm Kingdee for 10% stake (Tech In Asia)
  19. Slack Raises $160M in Funding (FinSMEs)
  20. Confirmed: BlackBerry Is Buying File Security And DRM Startup WatchDox for up to $150M (TechCrunch)

Top 20 Software & Services Deals for October 2015

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $1,200,000,000 Virtustream EMC Software & Services Acquisition
2 $810,000,000 Trustwave Singtel Software & Services Acquisition
3 $500,000,000 1010data Advance Software & Services Acquisition
4 $500,000,000 Zenefits Consortium Software & Services Investment
5 $453,000,000 Lancope Cisco Software & Services Acquisition
6 $450,000,000 Palantir Undisclosed Software & Services Investment
7 $350,000,000 Annapurna Labs Amazon Software & Services Acquisition
8 $254,890,000 Multifonds Temenos Software & Services Acquisition
9 $250,000,000 GitHub Consortium Software & Services Investment
10 $200,000,000 Domo Consortium Software & Services Investment
11 $200,000,000 Panaya Infosys Software & Services Acquisition
12 $190,000,000 Smart Tuition Blackbaud Software & Services Acquisition
13 $190,000,000 Caspida Splunk Software & Services Acquisition
14 $175,000,000 SimpliVity Waypoint Capital Software & Services Investment
15 $171,000,000 Kingdee International Software Group JD.com Software & Services Investment
16 $160,000,000 Slack Consortium Software & Services Investment
17 $150,000,000 Ansible Red Hat Software & Services Acquisition
18 $150,000,000 Medallia Sequoia Capital Software & Services Investment
19 $150,000,000 OneSource Virtual Technology Crossover Ventures, Halyard Capital Software & Services Investment
20 $150,000,000 Infinidat TPG Growth Software & Services Investment

More information

  1. EMC Continues Shift To Cloud With $1.2B Virtustream Purchase (TechCrunch)
  2. Singtel buys US cybersecurity firm for US$810M (Tech In Asia)
  3. Advance Acquires 1010data for $500M (FinSMEs)
  4. Zenefits Raises $500M Series C Funding (FinSMEs)
  5. Cisco Beefs Up Security, Buys Lancope For $453M (TechCrunch)
  6. Palantir Raises $450 Million, Now Valued At $20 Billion (TechCrunch)
  7. Amazon buys secretive chip maker Annapurna Labs for $350 million (Extreme Tech)
  8. Temenos Acquires Multifonds for €235M (FinSMEs)
  9. GitHub Raises $250M Series B Round To Take Risks (TechCrunch)
  10. Domo Closes $200M Series D Financing; Valued at $2 Billion (FinSMEs)
  11. Infosys Acquires SaaS Provider Panaya In Deal Valued At $200M (TechCrunch)
  12. Blackbaud Acquires Smart Tuition for $190M (FinSMEs)
  13. Splunk Buys Security Startup Caspida For $190M (TechCrunch)
  14. SimpliVity Raises $175M in Series D Funding (FinSMEs)
  15. JD invests $171M in Chinese ERP software firm Kingdee for 10% stake (Tech In Asia)
  16. Slack Raises $160M in Funding (FinSMEs)
  17. Red Hat Is Buying IT Automation Startup Ansible, For $150M (TechCrunch)
  18. Medallia Raises $150M in Equity Funding (FinSMEs)
  19. OneSource Virtual Receives $150M Equity Investment (FinSMEs)
  20. Infinidat Raises $150M in Funding (FinSMEs)