Slack is raking in the dough, and is now worth more than $7.1 billion. The messaging platform said on Tuesday that it raised $427 million in a new round of funding, CNBC reports, pushing it to a total of $1.26 billion in funding. Less than a year ago, Slack was worth $5 billion. The new valuation pushes Slack into the upper echelons of Silicon Valley's newest tech start-ups.

Topics:  silicon valley   vox media   yelp   parker   squarespace   the new york   zocdoc   oscar health   gifs   microsoft   financial   slack   times   combined   billion   company   year   million   platform   funding   competitors   growth   

 

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