SAN FRANCISCO — Slack, an office messaging company, is in talks to raise around $500 million at a valuation around $5 billion, according to two people with knowledge of the discussions, who were not authorized to speak publicly about the financing.
The funding talks are advanced enough that investors are committed to the deal, but Slack could still change its mind, those people said.
The company, based in San Francisco and Vancouver, British Columbia, has already raised about $500 million over the past three years and was valued by investors last year at about $4 billion.In the past few years, Slack has also stirred acquisition interest from potential buyers, including Amazon, Microsoft and Google, according to three people with knowledge of the acquisition offers. Most recently, Amazon expressed interest in acquiring Slack, these people said.
Slack declined to comment. The funding talks were earlier reported by Recode, and Amazon’s interest was reported by Bloomberg.
Slack’s messaging product,…
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