Slack Technologies

The Company and its Persistent Collaboration Spaces Offering

Slack was announced in the summer of 2013 with a mission to "make your working life simpler, more pleasant and more productive."  Less than three years later, in April 2016, Slack completed its ninth round of financing, having raised $540M to date, with the latest round resulting in a $3.8B valuation, and, as of May 2016, the company claims to have 3 million daily active users and 930,000 paid seats.

Clearly Slack has captured the mindshare of investors, technologists, and a leading-edge set of users who believe the company has created a "next big thing" - and has spawned competition from the likes of Cisco, Microsoft, IBM, and at least 20 other players.

WR considers Slack to be the poster child of Persistent Collaboration Spaces (PCS) offerings - and with a refreshing attitude.  The company has done more than its share to define the PCS space and, while doing so, has catapulted its offering forward with new capabilities and "fun"-ctions that prove it knows its user base remarkably well.  This profile covers Slack Technologies - the company, Slack - the offering, and our analysis of how it uniquely innovates and competes in the burgeoning PCS marketplace.
 

No. of Pages: 
6
Published: 
14 Sep 2016
Authors: