Yac, the digital voice messaging service that released in 2015, has raised new cash from the Slack Fund as it continues to make headway among companies wanting to provide their staff members new communication tools for remote working. The Florida-based startup initially drew out of a pitch at Product Hunt’s Maker Festival. Developed by the digital firm SoFriendly, Yac’s digital voice messaging service won the start-up competitors at the event and drew in the interest of Boost VC and its creator, the third-generation investor Adam Draper. Yac officially released in March and had 900 teams sign up within the very first week
. The company’s product now consists of one-to-many messaging, Slack combination and an enhanced desktop app. It also handled to attract the attention of the Slack Fund. The financial investment from Slack comes 2 years after Yac’s founder Justin Mitchell first reached out to the company, Mitchell stated. Instead of a cold call, Mitchell discovered himself as the things of Slack’s attention thanks to an introduction from Jim Rand, an entrepreneur whose Synervoz Communications was also dealing with new voice communications applications. Rand and Mitchell had actually connected through LinkedIn and bonded over the trials and adversities of entrepreneurship.
As they continued talking, Rand, whose company makes an API to connect audio applications to other services, asked if Mitchell wanted to talk with Slack about teaming up. Slack reached out and Mitchell reacted by means of the Yac app. Essentially all of the due diligence was performed over a series of voice
messages that Mitchell left reacting to questions from the Slack team, Mitchell said. The openly traded messaging company was available in with a small financial investment of $500,000. Yac now has a bit over 5,000 users on its service and charges per
seat, in the very same way Slack does. Mitchell stated he will utilize the funds to incorporate more closely with Slack’s own messaging service. Some Yac functions will immediately be incorporated into Slack, where users can turn their call button into a Yac button to deliver audio messages instead of doing real-time telephone call. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.