Slack makes another 11 new investments in its Slack fund

Slack makes another 11 new investments in its Slack fund. As Slack’s rapid growth begins to slow a little bit, the company is looking to become a wider productivity platform — and that includes getting as many developers as it can building applications that can figure out new and unique use cases for it. Jump-starting that ecosystem is going to be critical as Slack, as a startup, needs to allocate its resources properly and let other people figure out new ways to use its slick work messaging platform. The company is announcing that it’s making 11 new investments today as part of its continuing effort to invest in the ecosystem. In July, the company said it invested $2 million in 14 startups through the Slack Fund. Slack is one of the hottest startups in Silicon Valley — but it looks like the shine may start wearing off as its rapid growth starts to slow down a bit. Demisto: Automatically alerts users if a malicious URL or file is shared in Slack. Troops: Brings Salesforce data into Slack so users can search records, schedule automatic reports, and celebrate company wins. Create training and development paths to keep employees engaged and get visibility into how your team is progressing. Plug Twine into your HDMI port then start a video call, share content, or move rooms without leaving Slack.

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As Slack’s rapid growth begins to slow a little bit, the company is looking to become a wider productivity platform — and that includes getting as many developers as it can building applications that can figure out new and unique use cases for it.

That’s part of the reason it established the Slack Fund, which makes investments in startups that are building tools on top of Slack. Jump-starting that ecosystem is going to be critical as Slack, as a startup, needs to allocate its resources properly and let other people figure out new ways to use its slick work messaging platform. The company is announcing that it’s making 11 new investments today as part of its continuing effort to invest in the ecosystem.

In July, the company said it invested $2 million in 14 startups through the Slack Fund. With these companies, the total number of investments Slack has made is now up to 25. Slack described the latest startups as ways to improve a variety of work tasks — which, naturally, is code for filling the holes in existing productivity suites that Slack proper might not fully fill right now.

Slack is one of the hottest startups in Silicon Valley — but it looks like the shine may start wearing off as its rapid growth…

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