Reports that Slack was set to raise $500m in its forthcoming round seem to have been premature, but SoftBank and Accel reportedly are set to co-lead the round.
Enterprise communication platform Slack is set to raise $250m in its forthcoming funding round, which will be co-led by telecom and internet firm SoftBank and venture capital firm Accel, Bloomberg reported yesterday.
The round will value Slack at more than $5bn, according to people familiar with the matter, and the details were confirmed to TechCrunch by its own sources. Earlier reports had suggested the size of the round could reach $500m.
Slack has built a workplace communication app with…