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SAN FRANCISCO, 04/08/2021 - Gupshup, the leader in conversational messaging has raised $ 100 million in funding from Tiger Global Management, bringing the company's valuation to $ 1.4 billion. This financing will be followed by a second round of financing, in which further investors will bring in considerable funds. Details will be announced at a later date. This latest round of financing follows several years in which Gupshup has risen to become the global market leader in conversational messaging through profitable growth, product innovation and customer acceptance. The Gupshup API enables over 100,000 developers and businesses to create messaging and conversational experiences, who send over 6 billion messages per month on more than 30 messaging channels. Gupshup will use t...

It's late morning on a Thursday in September, and Slack Technologies CEO Stewart Butterfield has convened a meeting with his design and product heads in the company's low-key San Francisco headquarters. On the agenda is the question that's been most on Butterfield's mind lately: how his $US2.8 billion ($3.9 billion) start-up, which makes business-collaboration software, can be as good with 250, 500, or a thousand people as it was when he founded it with a team of eight. For today's meeting, Butterfield, sporting camouflage suede wingtips and argyle socks, has prepared a list of "teachable principles" he wants his people to internalise. Butterfield is off and running when something distracts him: Brandon Velestuk, Slack's design director, is video-conferencing from Vancouver, and his...

Tag: office chat

Gupshup Raises $ 100 Million from Tiger Global at $1.4 billion Valuation

How Slack Technologies developed from an idea for easier office chat to software juggernaut in two years, entirely by word of mouth