Corporate messaging tool Slack announced today that it has closed a $120 million round led by Google Ventures and Kleiner Perkins. The new round values the company at $1.12 billion, post funding — a massive valuation for an eight-month-old company. San Francisco-based Slack was quick to point this out in its press release: “Having just launched in February, this milestone marks Slack as the fastest growing SaaS company ever.”
Joyent, a provider of public-cloud infrastructure and software companies can use to create clouds in their own data centers, is announcing today that it’s brought in $15 million in new funding. Existing investors El Dorado Ventures, EPIC Ventures, Intel Capital, LGI Ventures, and Orascom TMT Investments participated in the round among others. There were no new investors.