Slack raises $250 million

Or so say people familiar with the matter. Accel, which has been an investor since it led the company's seed round, and SoftBank led the round. Aside from its incredible popularity as a collaboration tool, I think Slack also could become a very important tool in automating data center operations and certain software development tasks. There are always lots of rumors about Slack getting acquired, and with a new $5 billion valuation, the bar is set pretty high.


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