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Snapchat Confirms Acquisition Of Bitmoji

socalTECH

Venice-based Snapchat has confirmed its acquisition of Bitmoji, the developer of software which lets people create their own, personalized "emoji", which they can insert into Snapchat. The company--which announced the deal via a comic strip on Tuesday--said Bitmoji's team has joined Snapchat as part of the deal.

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Snapchat Reportedly Near Acquisition Of Vurb For $110M

socalTECH

Venice-based Snapchat is reportedly near a $110M acquisition of mobile search startup Vurb , according to reports. Neither Snapchat nor Vurb have yet confirmed the deal, which apparently has yet to be signed. The original report cited a "person famliar with the deal". READ MORE>>.

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Silicon Beach Report July 19: Snapchat Confirms Bitstrips Acquisition

L.A. Business Journal

Snapchat confirms Bitstrips acquisition, Hyperloop One hits back at former executives, DreamWorks inks virtual reality deal, and more.

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Report: Snapchat Turns Down $3 Billion Offer From Facebook

socalTECH

In a very bold move, Venice-based Snapchat has apparently turned down a $3 billion acquisition offer from Facebook , according to a report today from the Wall Street Journal. snapchat merger acquisition exit facebook tencent mobile' READ MORE>>.

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Report: Snapchat Buys Cimagine Media

socalTECH

the parent company of Snapchat, has reportedly acquired Israeli startup Cimagine Media. The acquisition was first reported by a local Israeli financial daily. Venice-based Snap, Inc. , The deal is reportedly worth between $30M and $40M. Cimaging Media develops augmented reality technology. Cimagine was founded in 2012. READ MORE>>.

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Southern California's Billion Dollar Startup Trio: SpaceX, Snapchat, Beats

socalTECH

Along with SpaceX, Southern California includes Snapchat ($2.0 billion dollar startups venture capital exit merger acquisition spacex snapchat beats' The chart of valuations shows that there are three companies which made the cut for being venture backed, having raised money in the last three years, and are still privately held.

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How Much Is Snapchat Really Worth?

socalTECH

How much is Los Angeles-based Snapchat really worth? The report last week that Snapchat is raising a new funding round at $3.5 billion--and turned down a $1 billion acquisition offer from Facebook --has some wondering if we''ve returned to 1999-era, dot-com valuations for companies. READ MORE>>.

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