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Snapchat raises $1.81 billion in new funding round

Snapchat raises $1.81 billion in new funding round

  • Technology website TechCrunch reported on Monday , citing sources, that the company could be valued at about $20 billion.
  • Investors in the round included General Atlantic, Sequoia Capital, T. Rowe Price, Lone Pine and Fidelity, among others, TechCrunch reported on Thursday , citing sources.
  • Snapchat did not disclose its valuation in the latest round of funding in its filing on Thursday.
  • Snapchat raises $1.81 billion in new funding round
  • (Reuters) – Messaging app Snapchat Inc has raised $1.81 billion in an equity offering, indicating strong investor interest in the company despite concerns that it is struggling to attract advertisers.

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@VentureBeat: “Snapchat raises $1.81 billion in new funding round”


(Reuters) — Messaging app Snapchat Inc has raised $1.81 billion in an equity offering, indicating strong investor interest in the company despite concerns that it is struggling to attract advertisers.


Snapchat raises $1.81 billion in new funding round

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