Slack Technologies says has over 10M daily active users
In a filing, Slack Technologies said that during the three months ended January 31, Slack's daily active users exceeded 10M. As of January 31, Slack had more than 600,000 organizations with three or more users, comprised of more than 500,000 organizations on its free subscription plan, and more than 88,000 paid customers, including more than 65 companies in the Fortune 100. As of April 30, Slack had more than 95,000 paid customers. Slack's direct sales and customer success efforts are "focused on larger organizations who have a greater number of users and teams and have the potential to increase spend over time." Slack measures the number of paid customers greater than $100,000 of annual recurring revenue, or ARR, as a gauge of adoption within and expansion into large enterprises. As of January 31, Slack had 575 paid customers greater than$100,000 of ARR, which accounted for approximately 40% of its revenue in FY19 . As of April 30, Slack had 645 paid customers greater than$100,000 of ARR, which accounted for approximately 43% of its revenue in the three months ended April 30. Slack generates revenue primarily from the sale of subscriptions for Slack. Paid customers typically pay on a monthly or annual basis, based on the number of users that they have on Slack.