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Snapchat Valued at $18 Billion in Funding Round

  • Snapchat generated revenue of $59 million last year, and the company projects that number to rise more than fourfold this year, said the person familiar with the matter.
  • Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
  • More investors are looking for a piece of Snapchat as the company develops its business.
  • The amount includes about $650 million raised last year and an additional $1.2 billion this year, said the person, who asked not to be named because the details are private.
  • Messaging startup closed a round totaling $1.8 billion

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@shurutokaro: “. @Snapchat Valued at $18 Billion

#startup #growthhacking
#vc #inboundmarketing”


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Snapchat Valued at $18 Billion in Funding Round

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