Wednesday, December 31, 2014

Snapchat Has Raised $485 Million More From 23 Investors, At Valuation Of At Least $10B

 Back in the day, we reported that messaging app Snapchat* was raising over $100 million in a round led by Kleiner Perkins. And then the WSJ reported that it was $20 million, which left us wondering why a growth round would be so small in terms of total principle. Well, it turns out it’s not. Snapchat has raised a much bigger amount: Nearly $500 million in aggregate, according to an… Read More

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