Tech

Slack acquires SaaS start-up Rimeto

Key Points
  • Slack is acquiring software as a service company Rimeto, it announced Wednesday.
  • Rimeto, which has raised $10 million in venture funding, builds a detailed employee dictionary for companies.
  • Slack did not disclose the terms of the deal.

In this article

Slack CEO Stewart Butterfield on Rimeto acquisition and the future of work
VIDEO3:2603:26
Slack CEO Stewart Butterfield on Rimeto acquisition and the future of work

Slack has acquired software as a service company Rimeto, it announced Wednesday. Slack did not disclose the terms of the deal.

Rimeto, which has raised $10 million in venture funding according to Crunchbase, builds a detailed employee dictionary for companies. That allows employers and fellow employees to see employees' skills, experience and current projects.  

Slack said the acquisition will help its users feel more "connected," especially as several offices continue to work at home during the Covid-19 pandemic. Slack CEO Stewart Butterfield told CNBC that the two companies began their talks shortly before the pandemic. 

"Rimeto's advanced profile and directory features will be integrated into Slack directly, but we will also continue to offer Rimeto as a standalone product and support their existing enterprise customers," Butterfield said in the release announcing the news.