By Seb Joseph

Messaging startup Slack has raised $200m in its latest financing round to give the company a valuation of $3.8bn.

The service has raised $450m to date, raising $160m in its last round a year ago. Thrive Capital led the latest fundraiser, with contributions from GGV, Comcast Ventures alongside previous investors Accel and Index Vetntures.

“We are taking this opportunity to further secure our leadership position as we continue to execute on our ambitious growth plans,” Stewart Butterfield, co-founder and chief executive officer of Slack, said in a statement. “This capital adds to our existing reserves and increases our ability to focus on Read full story ›

Source: The Drum