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Slack Buys Rimeto

July 08, 2020

Rimeto has reimagined the business directory over the last four years, much in the same way Slack has reimagined business communication. Rimeto’s advanced profile and directory features will be integrated into Slack directly, but Slack will also continue to offer Rimeto as a standalone product and support their existing enterprise customers.

Rimeto is a powerful cultural tool that can help strengthen employee ties to each other and to their work. If there’s one thing Slack has heard over and over from their customers and employees alike during the pandemic, it’s that people are struggling to stay connected.

Financial terms of the acquisition were not disclosed.

Rimeto offers an enterprise wide, searchable directory, automatically integrating information from across your company to deliver rich profiles of every employee, their skills, experience, and current projects. It’s a natural fit with Slack. Channels make it easy to find the information you need and understand what your team is working on. Now we’re going to make it just as easy to find the people you need and understand the humans you’re working with.

The traditional enterprise directory includes pretty limited information, usually what you’d find on a business card, and search is limited the same way. How do you find somebody running a project if you don’t know their name or title? You can’t. But Rimeto lets you search across every attribute – whether you’re looking for a project leader or everyone who worked with a specific customer, an expert on sales cycles in a particular region, or just want to understand the new member of your team a little better, it’s all there and it’s all searchable.

“We’ve been on a mission to help everyone easily find and understand their colleagues – and all of the groups, teams, and projects within their organization,” said Rimeto founder Ted Zagat. “Joining Slack is a special opportunity to accelerate the impact and reach of the product we’ve spent years building. We couldn’t be more excited to help make Slack an even better platform for bringing human connection and collaboration to life.”

“At Expedia Group, we use both Slack and Rimeto to give our employees a better way to work together by making it easier to collaborate, access and share information,” said Chris Burgess, Vice President of Global IT at Expedia Group. “I’m excited to see these two companies come together given how we’ve seen both platforms deliver significant value across our organization.”

“A challenge with remote working is how to feel more connected to your colleagues,” said Wayne Kurtzman, Research Director, Social and Collaboration at IDC. “The Rimeto acquisition can result in enhanced creativity, problem-solving and collaboration in Slack by enabling a more effective connection between people.”

Slack is not updating its guidance for the full year ending January 31, 2021, which it provided on June 4, 2020. The proposed acquisition is not expected to have a material impact on Slack's results of operations or financial condition for the full year ending January 31, 2021.

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