INSUBCONTINENT EXCLUSIVE:
Slack created a new solution for workplace communication, one copied by many, even Microsoft
But the product, which is meant to help individuals and businesses collaborate, has been critiqued for sending too many notifications, with
Sam Altman with participation from General Catalyst, followed by a $12.5 million Series A at a $62.5 million valuation led by Index Ventures
partner and former Slack board observer Sarah Cannon, TechCrunch has learned.Quill and Cannon declined to comment.The company, based in San
Francisco, has created a no-frills messaging product
Still in beta, Quill plans to encourage fewer, more focused conversations with a heavy emphasis on threads, sources tell TechCrunch
The product is less of a firehose than Slack, says former Y Combinator president Altman, where one can get stuck for extended periods of
appears to be doubling down on the growing workplace communications software category
The firm first invested in Slack, which completed its highly-anticipated direct listing earlier this year, in 2015
Slack went on to raise hundred millions more, reaching a valuation of over $7 billion in 2018.Since going public, Slack has struggled to
Quickly, Microsoft has gobbled up market share, offering convenient product packages including beloved tools used by most businesses
Slack reported 12 million daily active users earlier this month.Startups like Quill pose a threat to Slack, too
It created the playbook for workplace chat software and proved the massive appetite for such tools; companies are bound to iterate on the
executive and co-founder of Color Genomics.
