[11], Tiny Speck's first product was a computer game called Glitch—a social MMORPG with highly stylized 2D graphics. It's an acronym and stands for "Searchable Log of All Communication and Knowledge.". [36] In November 2018, Slack was recognized in Credit Suisse AG's inaugural Disruptive Technology Recognition (DTR) Program, an annual recognition of five top companies who are disrupting traditional enterprise information technology. See you at the top! For software they produce, see, "Tiny Speck Finds More Than a Glitch and Closes Game for Good", "Slack's Co-Founders Take Home The Crunchie For Founder Of The Year", "Flickr Co-Founder Butterfield Talks About His New Game startup, Glitch", "Slack Just Went Public and the Stock Is Trading Well Above Expectations", "Q&A with Stewart Butterfield on the launch of Glitch", "Stewart Butterfield's Tiny Speck Raises 5 Million from VCs", http://www.crunchbase.com/company/tiny-speck, "A Flickr Founder's Glitch: Can A Game That Wants You To Play Nice Be A Blockbuster? When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies.

© Copyright 2020 Slack Technologies, Inc. All rights reserved. [22] In March 2015, Slack signed a deal with investors to raise up to $160 million in a funding round that valued the company at $2.76 billion. [21], In January 2015, Slack announced the acquisition of Screenhero, a specialist in voice, video, and screen sharing. [20] In October 2014, the company raised $120 million in venture capital with a $1.2 billion valuation led by Kleiner Perkins and GV. After the closure of Glitch, the company launched the Slack real-time collaboration app and platform, raising $17 million in funding from Andreessen Horowitz, Accel and Social Capital. [10] A Series B round of $10.7 million was raised in 2011. On December 11, 2018, it was reported that Slack was considering a direct public listing. The average user spends 90 minutes per day on Slack, and the service is used to send 1 billion messages a week. The core team is largely drawn from the founders of Ludicorp, the company that created Flickr. ", "Slack, the red hot $3.8 billion startup, has a hidden meaning behind its name", "Slack, Stewart Butterfield's Collaboration Software Startup, Has Raised $42.75M", "Why Slack is worth $1bn: it's trying to change how we work", "Slack's Valuation More Than Doubles to $2.8 Billion in Five Months", "Used Daily By 750K Workers, Slack Raises $160M, Valuing Collaboration Startup At $2.8B", "Slack Is Our Company of the Year.

Right now, over 600,000 organizations use Slack, including 88,000 paying customers.

And to date, the service has been wildly successful. [33] Slack was to pay an undisclosed amount over three years to assume the user bases of the services, and Atlassian was to take a minority investment in Slack.

Two teammates having a conversation in a channel, Screenshots of Slack channels for teams, projects and announcements, ‘I help to bring product from the wild to the kitchen, and all across the dining room’, Koseba explains.

Here's Why Everybody's Talking About It", "Slack is work chat's runaway train, raises $200M at $3.8B", "Silicon Valley wrestles with Saudi Arabia ties", "Slack Raises $250 million; Tops $5 Billion Valuation", "Slack names Allen Shim as company's first CFO", "Slack forms key alliance as Atlassian throws in the towel on enterprise chat", "Slack buys HipChat with plans to shut it down and migrate users to its chat service", "Atlassian's HipChat and Stride to be discontinued, with Slack buying up the IP", "Slack Actively Preparing for Early 2019 IPO", "Credit Suisse AG Announces the Disruptive Technology Recognition Program", "Slack files to go public with an unusual approach", "What You Need To Know About The Slack IPO", "Slack files to go public, revealing $400 million in revenue and $139 million in losses", "Slack Files Confidentially to Go Public With Direct Listing", "Slack confidentially files to go public", "Slack files to go public, reports $138.9M in losses on revenue of $400.6M", "Slack Services Partners To Help Vendor Target Enterprises", "Slack skyrockets 21% after making IBM its biggest account yet (WORK)", "Slack Accuses Microsoft of Illegally Crushing Competition", https://en.wikipedia.org/w/index.php?title=Slack_Technologies&oldid=983922153, Companies listed on the New York Stock Exchange, Software companies based in the San Francisco Bay Area, Video game companies of the United States, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, This page was last edited on 17 October 2020, at 02:05. Like a lot of early tech companies, Slack is losing money right now, but the hope is that at a larger scale, the business can ratchet down its sales and marketing spend and get into the black. Slack's name really says it all.

[8], Tiny Speck received angel funding of $1.5 million in 2009,[9] followed by Series A funding of $5 million in 2010 from Accel Partners and Andreessen Horowitz.

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