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Snapchat Adds $4.5M More To $50M Round

socalTECH

Venice, California-based Snapchat , the developer of the popular social media app, has added $4.5M in venture funding--and three new investors--as part of its Series C funding round, according to a regulatory filing by the company today. Details on the new funding were not announced by the company. READ MORE>>.

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Loop Now Launches Short Form, Social Media App, Firework

socalTECH

Loop Now Technologies , a startup founded by former LinkedIn and Snapchat employees--which has offices in Los Angeles--says it has launched a brand new, short-form video and social media app called Firework. The company's Chief Revenue Officer is Cory Grenier, who previously was Director of Sales & Marketing at Snapchat.

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Snap Launches Media Startup Accelerator

socalTECH

Venice, California-based Snap , the parent company of Snapchat, is launching a new startup accelerator, named "Yellow", the company disclosed on Wednesday afternoon. The accelerator said it will invest $150,000 into ten different "creators" and startups focused in the media area. READ MORE>>.

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Snap accelerator names its latest cohort

TechCrunch LA

Yellow , the accelerator program launched by Snap in 2018, has selected ten companies to join its latest cohort. The list of new companies include: Brightly — an Oakland, Calif.-based based media company angling to be the conscious consumer’s answer to Refinery29. Hardworkers — a Cambridge, Mass.

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Naritiv's Snapchat Analytics Software Acquired By Hootsuite (Update)

socalTECH

The Snapchat analytics software developed by Los Angeles-based Naritiv , a startup producing online content for brands, has been acquired by social media management firm Hootsuite. Hootsuite said the acquisition specifically was geared towards the Snapchat analytics solutions created by Naritiv. and Allen DeBevoise.

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Snap Acquires Israeli Augmented Reality Firm Cimagine Media

L.A. Business Journal

parent company of mobile messaging app Snapchat, acquired Israeli augmented reality startup Cimagine Media for an estimated $30-$40 million, according to the Calcalist financial daily.

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Naritiv Raises $3M For Snapchat Content

socalTECH

Los Angeles-based Naritiv , a new startup developing a network of content creators for Snapchat, has raised $3M in a funding round, the company said Thursday. The startup--founded by Dan Altmann and Eric Posen--says it is enabling the creation of mobile-first content for Snapchat and other social network platforms.

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