Slack has hit a revenue run rate of $1bn as its acquisition by Salesforce edges closer.
The workplace chat firm said that revenue hit $360m during the quarter ending 31 January, up 41 per cent year on year. Revenue for the full-year was $902.6m.
Slack also said that it added a record number of paying customers in the quarter at 14,000 –up 180 per cent on the previous Q4.
“These key financial milestones underscore the momentum across the Slack business and highlight the long-term opportunity for continued investment in the future of work,” it added.
Slack was also referred to on Salesforce’s earnings call with CEO, Marc Benioff, reiterating the integration potential between the pair.
“Now as a customer of Slack, I can tell you we’re using Service Cloud with Slack to improve performance,” he said.
“That’s an example where our acquisition of Slack has made so much sense. We’ve seen the combination of products like Service Cloud and Slack together just make it so much better for us as a company or for our customers and we’re looking forward to doing so much more of that.
“Slack can be the central nervous system for any company connecting its people and data across systems apps and devices from anywhere. It’s really an enabler of success from anywhere”
Slack’s acquisition by Salesforce is yet to be approved and last month the US Department of Justice’s Antitrust Division asked for more information on the proposed deal.
Salesforce still expects it to complete during the quarter that ends 31 July, it said in a regulatory filing.
Slack said it will be releasing its full fourth-quarter results later this week.
from UC Today https://ift.tt/2NTOGZ9
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