Slack Nearing $2 Billion Valuation

Slack Technologies Inc., the enterprise collaboration service, is reportedly in talks to raise financing at a valuation of more than $2 billion.  This comes after Slack raised $120 million at a valuation of $1.12 billion in October.  The company has raised $180 million to date.  Investors in Slack include Kleiner Perkins Caufield & Byers, Google Ventures, Accel Partners and Andreessen Horowitz.

Slack is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 103 companies organized by investment theme.