Slack raises $427 mn at a valuation of over $7.1 bn
Workplace chat software startup Slack raised $427 million in a Series H funding round at a post-money valuation of more than $7.1 billion. The investment was led by Dragoneer Investment Group, General Atlantic and other existing investors. Slack had previously raised $250 million in a funding round led by Japan's Softbank in 2017, that valued it at over $5 billion.