Slack
Slack's Growth Shows No Signs of Slacking
The newly raised capital will help Slack defend its position in the market against powerful competition. Both Facebook (with Workplace) and Microsoft (Teams) have thrown their hat in the ring and while both companies have deep pockets, Microsoft looks particularly threatening considering its strong standing in the enterprise software and cloud solutions market.
Since its launch in 2013, Slack’s user base has steadily grown. In May 2018, the company had 8 million daily active users and 3 million paid users.
