Menu
Slack sets aside $80 million to help developers extend its platform

Slack sets aside $80 million to help developers extend its platform

A new app directory will help users find integrations

If there's any company that's been virtually synonymous with growth over the past year or so, it's Slack, and now the team-software vendor is taking a big step to make sure that momentum continues.

The company has established an $80 million fund to provide early-stage investments to companies building for the Slack platform, with a particular focus on apps that are designed to be “Slack-first” as well as enterprise tools that are making Slack integration a core part of their offering.

"We’re deeply committed to supporting a diverse and valuable ecosystem of third-party apps and making them easy to discover," said April Underwood, Slack's head of platform.

Toward that second goal, Slack also debuted a new App Directory listing approved integrations. There are 150 apps available in the directory today -- including offerings from services such as Dropbox and Twitter -- and as new ones emerge, they'll be visible there as well.

Also on Tuesday Slack introduced platform updates including Botkit -- an open source framework for building bots and other Slack integrations -- as well as several API updates and an AWS Lambda blueprint integration.

Not long after Slack joined the widely hyped "unicorn club" last year, its valuation rose to $2.8 billion. The company now boasts 2 million daily active users of its team-communication software, including 570,000 paid seats -- up significantly just since August, when the numbers were 1.1 million and 300,000, respectively.

The company's API ecosystem is a widely considered a core part of its increasing popularity.

Launched in 2014, Slack's enterprise software as a service (SaaS) offers real-time messaging, archiving and search. There’s a free "lite" version of its software as well as a fully featured version starting at $6.67 per user per month. An enterprise plan is expected early next year with features such as federation across multiple teams with a unified team directory and unified security, data retention and compliance policies.

The new fund is backed by Slack in partnership with Accel; Andreessen Horowitz; Index Ventures; Kleiner, Perkins, Caufield and Byers; Spark Growth; and Social Capital.


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Featured

Slideshows

Sizing up the NZ security spectrum - Where's the channel sweet spot?

Sizing up the NZ security spectrum - Where's the channel sweet spot?

From new extortion schemes, outside threats and rising cyber attacks, the art of securing the enterprise has seldom been so complex or challenging. With distance no longer a viable defence, Kiwi businesses are fighting to stay ahead of the security curve. In total, 28 per cent of local businesses faced a cyber attack last year, with the number in New Zealand set to rise in 2017. Yet amidst the sensationalism, media headlines and ongoing high profile breaches, confusion floods the channel, as partners seek strategic methods to combat rising sophistication from attackers. In sizing up the security spectrum, this Reseller News roundtable - in association with F5 Networks, Kaspersky Lab, Tech Data, Sophos and SonicWall - assessed where the channel sweet spot is within the New Zealand channel. Photos by Maria Stefina.

Sizing up the NZ security spectrum - Where's the channel sweet spot?
Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Show Comments