Skip to main content

Slack now has more than 10 million daily active users

As Slack reportedly readies itself for an entry to the public markets, the high-flying startup is ready to brag a little bit about what it has accomplished in the past year.

In a blog post, the company shared that it now has 10 million daily active users on the platform, up from 8 million DAUs in May. It’s not just tech companies in Silicon Valley using the service either, the company broke down the number a bit, clarifying that more than half of the DAUs are from outside the United States.

User numbers via Slack

We didn’t get an update on the number of paid users — the company also shared in May that it had 3 million paying users — but the company did say that the number of subscribers has grown to 85,000, a 50 percent over the past year. The company’s major challenge of the past couple years has been bringing on more big companies to its platform, it seems they’ve definitely had some success, detailing in the blog that 65 of the Fortune 100 companies were slacking away.

Even with its weird new logo, the company seems to be growing at a fairly consistent pace from a user standpoint. We got a look at how things were looking on the financial side via a recent report in The Information, which forecast its 2019 revenue at $640 million and detailed that the company had over $900 million in cash on its balance sheet.

The company was last valued at more than $7 billion.

Slack is raising $400M+ with a post-money valuation of $7B or more



from TechCrunch https://tcrn.ch/2ThtZDT
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

The Silent Revolution of On-Device AI: Why the Cloud Is No Longer King

Introduction For years, artificial intelligence has meant one thing: the cloud. Whether you’re asking ChatGPT a question, editing a photo with AI tools, or getting recommendations on Netflix — those decisions happen on distant servers, not your device. But that’s changing. Thanks to major advances in silicon, model compression, and memory architecture, AI is quietly migrating from giant data centres to the palm of your hand. Your phone, your laptop, your smartwatch — all are becoming AI engines in their own right. It’s a shift that redefines not just how AI works, but who controls it, how private it is, and what it can do for you. This article explores the rise of on-device AI — how it works, why it matters, and why the cloud’s days as the centre of the AI universe might be numbered. What Is On-Device AI? On-device AI refers to machine learning models that run locally on your smartphone, tablet, laptop, or edge device — without needing constant access to the cloud. In practi...
1 comment
Read more

Apple’s AI Push: Everything We Know About Apple Intelligence So Far

Apple’s WWDC 2025 confirmed what many suspected: Apple is finally making a serious leap into artificial intelligence. Dubbed “Apple Intelligence,” the suite of AI-powered tools, enhancements, and integrations marks the company’s biggest software evolution in a decade. But unlike competitors racing to plug AI into everything, Apple is taking a slower, more deliberate approach — one rooted in privacy, on-device processing, and ecosystem synergy. If you’re wondering what Apple Intelligence actually is, how it works, and what it means for your iPhone, iPad, or Mac, you’re in the right place. This article breaks it all down.   What Is Apple Intelligence? Let’s get the terminology clear first. Apple Intelligence isn’t a product — it’s a platform. It’s not just a chatbot. It’s a system-wide integration of generative AI, machine learning, and personal context awareness, embedded across Apple’s OS platforms. Think of it as a foundational AI layer stitched into iOS 18, iPadOS 18, and m...
Post a Comment
Read more

Max Q: Galactic

Hello and welcome back to Max Q! Happy Memorial Day everyone. In this issue: Astranis’ novel approach to GEO satellites Virgin Galactic’s return to the skies News from SpaceX, and more Astranis’ novel approach to internet satellites is starting to pay off Astranis , a satellite internet startup based in San Francisco, said Wednesday that its first spacecraft completed a milestone test and will start bringing broadband access to rural Alaskans as soon as mid-June. It’s a major step for the company, which was founded in 2015 by John Gedmark and Ryan McLinko. By taking a first principles approach to satellite development, the pair bet that they could make a smaller, cheaper spacecraft for geosynchronous orbit — the orbit farthest from Earth and arguably the most inhospitable — and use them to bring internet to millions, or even billions, of people around the globe. Their bet is paying off: The company’s first satellite, Arcturus, launched on a Falcon Heavy at the end of April. W...
Post a Comment
Read more