article thumbnail

Report: Snapchat Raising $100M

socalTECH

Venice-based photo messaging service Snapchat is reportedly raising $100M in funding, at a valuation of half a billion dollars, according to a report Friday. Snapchat--which operates a mobile photo messaging service which is very popular with the teenage set--is backed by Benchmark Capital, and had previously raised $12.5M

Snapchat 187
article thumbnail

Silicon Beach Report May 2: Former UFC Owners Launch Fertitta Capital With $500 Million Fund

L.A. Business Journal

Former UFC owners launch Fertitta Capital with $500 million fund, Venice venture capital fund raises $212 million aimed at real estate tech, and Disney rebrands Maker Studios as Disney Digital Network.

Capital 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Report: Snapchat Valued At $10 Billion In New Funding

socalTECH

Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. snapchat venture capital rumor valuation kpcb investment messaging social networking' READ MORE>>.

Snapchat 168
article thumbnail

Yahoo Planning Big Investment In Snapchat, Says Report

socalTECH

Yahoo is planning a big investment in Venice-based Snapchat , in a deal that values Snapchat at $10 billion, according to a report over the weekend. The WSJ reports that Yahoo is investing around $20M in Snapchat at the lofty valuation, using money it cashed out of the IPO of Alibaba. READ MORE>>.

Yahoo 153
article thumbnail

Report: Snapchat Looking To Raise $4 Billion In IPO

socalTECH

Venice-based Snapchat is hoping to launch an IPO, which will raise the company an astounding $4 billion in capital--valuing the company at between $25 billion and $35 billion--according to a report on Wednesday from Bloomberg. The report cites "people familiar with the matter" for the information.

Snapchat 100
article thumbnail

Report: Snapchat Looks For $200M At $20 Billion Valuation

socalTECH

A report published this week--which heavily relies on third party assumptions, back calculations, and analysis of regulatory filings--says that Venice, California-based Snapchat is out looking for $200M in funding again, this time valuing the company around $20 billion.

Snapchat 133
article thumbnail

Report: MovieClips Raises Series C

socalTECH

Venice-based MovieClips , the online site which allows people to share and view clips from movies, has raised a Series C funding round, according to reports. No details on the funding, which was first reported by Dan Primack at FORTUNE, have been released. The report said the valuation of the roudn was around $80M.

Report 147