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Fortune
Fortune
Heather Clancy

MYSTERIOUS: Slack starts 80 million app investment fund - You Need To See This

Over its relatively short lifetime, Slack hasn’t exactly been at a loss for venture funding. Now, the well-backed startup is returning the favor.

The workplace collaboration company is teaming with several venture capital firms—including Accel, Andreessen Horowitz, Index Ventures, Kleiner Perkins Caufield & Byers, Spark Growth, and Social+Capital—to create an $80 million fund that will invest in software projects that complement its technology.

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