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Slack gets slice of SoftBank's US$100b tech bounty

Published Mon, Sep 18, 2017 · 09:50 PM

San Francisco

SLACK Technologies closed a US$250 million funding round led by SoftBank Group's Vision Fund, giving it more ammunition for expansion in an increasingly competitive market for workplace messaging services.

The financing round values the startup at US$5.1 billion, up from US$3.8 billion the last time. The Vision Fund is joined by Accel and other investors, Slack said on Sunday. Bloomberg reported on the latest funding in July.

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