The following two articles are both recent press releases discussing the growth of Slack. The first release announces the financing received from new investors. The second release discusses the new partnership between Atlassian and Slack.
Slack Raises Series H Round of Financing From New Investors
Dragoneer and General Atlantic lead $427 million investment round
Today we’re happy to share that Slack will add an additional $427 million of investment at a post-money valuation of more than $7.1 billion. This Series H equity round is in addition to the $841 million previously raised. The lead investors are Dragoneer Investment Group and General Atlantic, joined by funds and accounts advised by T. Rowe Price Associates, Inc. and funds advised by Wellington Management, and Baillie Gifford and Sands Capital, as well as existing investors.
The way people work is changing, and we are committed to delivering the best product and experience for our customers in this new era. We pursued this additional investment to give us even more resources and flexibility to better serve our customers, evolve our business, and take advantage of the massive opportunity in front of us. Even with our rapid growth in just four years—we now have more than 8 million Daily Active Users (DAUs) and more than 70,000 paid teams—there is still enormous potential to change the way that people and organizations collaborate and work together.
Our mission is to make people’s working lives simpler, more pleasant, and more productive, and we are grateful for the support along the way. Thank you to our customers, partners and employees for making our growth and momentum possible
he Internet of Things isn’t just about wearable technology and smart voice assistants. In the industrial world, IoT devices are transforming the way companies like Airbus and Caterpillar operate behind the scenes.
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Atlassian + Slack
Announcing an exciting new partnership and welcoming Hipchat and Stride users to Slack. We’re glad you’re here!
Atlassian and Slack have been partners and friends for a long time (we’ve even publicly acknowledged our competition…not as you’d expect, but with cookies and cake). What’s fueled this camaraderie is that we both share an orientation toward customer service: as the world transitions to best of breed software to run their businesses, it’s up to us to help make sure it all works as well as possible for our mutual customers.
Today Slack and Atlassian are taking even bigger steps to drive fundamental improvements to the experiences of hundreds of thousands of teams and millions of people around the world who use our products together every day. This partnership is about a joint vision of simplifying and automating the huge amount of effort that teams everywhere expend to stay aligned, coordinated, and productive.
What this means for you
As part of this partnership, Atlassian will discontinue Hipchat and Stride, and provide a migration path to Slack for all their customers. We are purchasing the IP for Hipchat Cloud and Stride to better support that path to Slack, while Atlassian is making a small, but symbolically important investment in our business.
We’re also committing teams on both sides to build deeper and more powerful integrations between Slack and the Atlassian family of products, which includes adding new functionality to the existing Slack integrations for Jira Server and Cloud (which, by the way, Slack uses daily) Trello, and Bitbucket, and building out new integrations with Confluence and other products. More details about these changes are available on the Atlassian website.
If your team currently uses Hipchat or Stride, welcome to Slack! We’re here to help. You can get started today by creating a new Slack workspace. Visit slack.com/migration/atlassian to sign up for Slack immediately without porting your data. To then initiate the process of migrating your Hipchat data, visit Atlassian’s migration hub. The ability to export your Stride data to Slack is coming soon.
Want to know more?
Ready to set your team up in Slack? We’ve created comprehensive documentation to answer your questions and show you how to do everything from importing your full Hipchat archive to bringing (chompy) along for the ride. You’ll find guides to Slack for Hipchat Admins and Users, as well as a guide to migrating your data, on our Help Center.
To help you and your team understand how Slack works – from features to administration to platform integrations – we’ll be hosting a series of educational webinars for Hipchat and Stride users and admins.
If you’re a developer who’s been building on the Atlassian platform, either just for your team or to put an app in the marketplace, we’d love to get to know you at an upcoming Slack developer meetup. See where we’ll be next and register to join us at https://www.meetup.com/SlackDevs/
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