socalTECH

MARCH 4, 2016

Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. Snapchat has now raised more than $1.2

Snapchat 100

Snapchat Report Venice Invest 100

socalTECH

AUGUST 27, 2014

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

Snapchat Report Social Network Funding 168

socalTECH

JANUARY 23, 2020

Los Angeles-based Snap , the parent company of Snapchat , has inked a deal with NBC where NBC will produce four, daily original shows on the Olympics and Team USA for Snapchat, according to Variety. Financial details of the deal were not announced. READ MORE>>.

Snapchat 113

Snapchat Report Content Los Angeles 113

socalTECH

NOVEMBER 13, 2013

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>>.

Snapchat 210

Snapchat Report Southern California Journal 210

socalTECH

NOVEMBER 15, 2016

A report on Tuesday afternoon from Reuters says that Venice, California-based social communications and networking app developer Snapchat has filed its paperwork for its IPO. No terms or details on that IPO have been yet announced by the company, which has been rumored to be working on an IPO for months. READ MORE>>.

Snapchat 100

Snapchat Report Venice Networking 100

socalTECH

APRIL 30, 2021

Venice, California-based social app developer Snap, the parent company of Snapchat, is still mostly white and male, according to the company's latest diversity report. Snap posted its diversity report on Thursday, the second time it has released its diversity numbers.

Report 113

Report Snapchat Venice Develop 113

socalTECH

MAY 25, 2016

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

Snapchat Report Venice Funding 133

socalTECH

OCTOBER 26, 2016

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. READ MORE>>.

Snapchat 100

Snapchat Report Venice Capital 100

socalTECH

NOVEMBER 10, 2015

A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report. Snapchat--arguably, the most visible "unicorn" startup in Southern California--had been valued at $15 billion in its last fundraising round.

Snapchat 100

Snapchat Writing Invest Report 100

socalTECH

JULY 29, 2020

Venice, California-based Snap , the parent company of Snapchat , has released its annual diversity report , showing that the company--like the rest of Silicon Valley--continues to struggle to build a diverse workforce. The company reported in its Diversity Annual Report 2020 that 51.1

Report 124

Report Snapchat Venice Technology 124

socalTECH

MARCH 19, 2020

Venice, California-based Snapchat is launching its new set of health and wellness tools, well ahead of schedule, due to the growing threat of the COVID-19 virus threat, and will surface educational information on the new virus and health measures, as well as mental health content.

Snapchat 113

Snapchat Tool Venice Content 113

socalTECH

OCTOBER 12, 2016

Venice-based Snapchat has selected two investments banks--Morgan Stanley and Goldman Sachs--to lead the company's much anticipated IPO, according to a report from Reuters Wednesday afternoon. The report--citing "a source familiar with the situation"--said the IPO would value Snapchat at $25 billion. READ MORE>>.

Snapchat 100

Snapchat Report Venice Invest 100

socalTECH

FEBRUARY 12, 2014

Venice-based social networking app developer Snapchat looks to be on the prowl for employees, based on a new recruiting video released onto YouTube by the company Wednesday morning. In the video, Snapchat''s employees -- of which there are 35 -- talk about working at Snapchat and in Venice. video embedded below).

Snapchat 216

Snapchat Venice Social Network Networking 216

socalTECH

APRIL 6, 2015

Venice-based instant messaging service Snapchat released its first transparency report , detailing all of the legal and government demands for information from its systems, showing that the company fielded more then 375 U.S. snapchat subpoena transparency report information legal request' READ MORE>>.

Snapchat 100

Snapchat Report Venice Demand 100

socalTECH

JANUARY 16, 2017

A report on Monday says that Evan Spiegel and Bobby Murphy, the founders of Venice-based Snap Inc. , the parent company of Snapchat , will retain majority voting control of the company, even after the IPO. According to the WSJ, Spiegel and Murphy are expected to keep more than 70 percent of the voting power in Snap Inc.,

Snapchat 100

Snapchat Report Southern California Venice 100

socalTECH

MARCH 25, 2016

Los Angeles-based Snapchat has acquired emoji software developer Bitstrips , in a deal worth around $100M in cash and stock, according to a report this morning. Fortune citing multiple sources, says the companies refused to comment on the deal.

Snapchat 100

Snapchat Report Software Development Los Angeles 100

socalTECH

MARCH 15, 2018

the company behind Snapchat , has run into more controversy, after celebrity Rihanna weighed in on an poll advertisement Snapchat had approved and run on its service asked viewers to vote on whether they'd like to "slap Rihanna" or "punch Chris Brown". Snapchat has reportedly apologized for the incident.

Snapchat 113

Snapchat Venice Advertising Report 113

Both Sides of the Table

MARCH 12, 2016

Yesterday I wrote a primer on how to use Snapchat for my peer group of “over 30” people who don’t yet “get” Snapchat. Today I want to talk briefly about why I believe Snapchat is an important media company. Snapchat is performing off the hook on all fronts.

Snapchat 150

Snapchat Advertising Media Platform 150

socalTECH

DECEMBER 12, 2013

Los Angeles-based Snapchat confirmed it has raised $50M in a Series C funding Wednesday, as the hot, instant photo messaging app developer reportedly turned down a $3 billion offer from Facebook and has decided to continue on as an independent company. Snapchat has now raised $125.0M Snapchat has now raised $125.0M

Snapchat 185

Snapchat Los Angeles Mobile Report 185

socalTECH

JULY 19, 2016

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.

Snapchat 100

Snapchat Acquisition Venice Report 100

socalTECH

OCTOBER 11, 2017

the parent firm of Snapchat , has reportedly set up a new, secret location in Lehi, Utah, according to a report this week. The report says that the new lab is being headed up by former Scan.me The report says that the new lab is being headed up by former Scan.me Venice, California-based Snap, Inc. , READ MORE>>.

Snapchat 124

Snapchat Research Venice Report 124

socalTECH

FEBRUARY 18, 2015

Venice-based Snapchat is looking to raise at much as $500M in a new round of funding, currently valuing the company as high as $19 billion, according to a report from Bloomberg last night. The report cited a "person with knowledge of the matter", who said the valuation of the company would be between $16 billion to $19 billion.

Snapchat 100

Snapchat Report Venice Funding 100

socalTECH

NOVEMBER 3, 2017

Venice-based Snap , the parent company of Snapchat , has reportedly acquired programmatic advertising startup Metamarkets , according to unconfirmed reports. Those reports place the transaction value of the buy at less than $100M. Metamarkets is based in San Francisco. READ MORE>>.

Report 113

Report Snapchat Venice Advertising 113

socalTECH

FEBRUARY 11, 2013

Venice Beach-based Snapchat , the developer of a popular mobile application which lets users take "self destructing" mobile photos of themselves that they can send to friends, has raised $13.5M in a Series A funding, according to multiple reports. The New York Times said the funding valued the company at between $60 and $70M.

Snapchat 153

Snapchat Venice Mobile Report 153

socalTECH

AUGUST 12, 2020

Venice, California-based Snap , the parent company of Snapchat , has reportedly been in talks with New York-based Dubsmash on an acquisition, according to The Information, which says that Facebook also has been talking with the TikTok competitor. The Information cited "a person familiar with the matter". READ MORE>>.

Report 113

Report Snapchat Venice Acquisition 113

socalTECH

OCTOBER 28, 2013

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>>.

Snapchat 147

Snapchat Venture Capital Los Angeles Mobile 147

socalTECH

OCTOBER 25, 2013

Los Angeles-based mobile app developer Snapchat is in the midst of a new funding round, which values the company at more than $3.6 billion, according to a report Friday. AllThingsD reports that the firm--which just raised $60M in June --is looking for more money, upping its valuation from $800M to $3.6 READ MORE>>.

Snapchat 171

Snapchat Southern California Funding Venture Capital 171

socalTECH

JANUARY 20, 2016

Venice, California-based social messaging service Snapchat is opening up an office in Seattle, and plans to hire at least 50 staffers in the Rain City. According to a report , Snapchat has leased 8,000 square feet in the city, part of a quest to find more technical talent for the company.

Snapchat 100

Snapchat Venice Report Services 100

socalTECH

MARCH 13, 2015

In what has been a constant, Snapchat -all-the-time news week, the Venice, California-based messaging company has apparently cut loose its COO , Emily White, as CEO and co-founder Evan Spiegel has decided to take a more hand-on role at the company. snapchat executive emily white evan spiegel instant messaging'

Snapchat 100

Snapchat Venice News Report 100

socalTECH

DECEMBER 26, 2018

In a scathing report--published over the holiday weekend--the WSJ says that Venice-based Snap , the parent company of Snapchat. is "struggling after the CEO ignored warnings about a redesign that proved unpopular" saying that Spiegel's "imperious style" has caused users to flee from the service. READ MORE>>.

Report 113

Report Snapchat Venice Services 113

socalTECH

FEBRUARY 29, 2016

Venice, California-based Snapchat said over the weekend that a number of its employees have had their identities compromised, after one of its employees feel for a phishing scam, and revealed payroll information about a number of its employees. READ MORE>>.

Snapchat 100

Snapchat Venice Email Report 100

socalTECH

FEBRUARY 6, 2019

Santa Monica-based Snap , the parent firm of Snapchat, reported its results on Tuesday afternoon, saying that its fourth quarter revenues were up 36 percent to a record, $390M. However, the company is still posting big losses, saying it had a net loss of $191.7M Snap reported revenues of $1.18 READ MORE>>.

Company 113

Company Companies .Net Snapchat 113

socalTECH

JANUARY 2, 2015

Venice, California-based Snapchat has raised an enormous, $485.6M funding round, according to a regulatory filing from the company on New Year''s Eve. Details on the funding have not yet been announced by the company. snapchat venture capital investment kpcb social messaging instant kleiner' READ MORE>>.

Snapchat 100

Snapchat Funding Venice Venture Capital 100

socalTECH

MAY 30, 2017

Venice, California-based Snap , the parent company of Snapchat , recently acquired neighboring Venice-based drone technology developer Ctrl Me Robotics , according to reports over the weekend. The deal was reportely worth less than $1M. Ctrl Me Robotics was founded by Simon Saito Nielsen. READ MORE>>.

Report 124

Report Venice Snapchat Technology 124

socalTECH

MAY 29, 2015

Venice-based Snapchat has raised $537.6M The new investors reportedly include Alibaba, Fidelity, York Capital, and Glade Brook Capital, and the funding has widely been reported at valuing the company at around $16 billion. Snapchat has now raised north of $1.15‎ billion. billion).

Snapchat 100

Snapchat Southern California Funding Venice 100

L.A. Business Journal

DECEMBER 5, 2016

Snapchat avoids fake news with editorial team, Atom Tickets adds famous film makers to advisory board, and domain registry company XYZ gets permission to sell domains in China.

Snapchat 100

Snapchat News Report Company 100

socalTECH

OCTOBER 24, 2018

An effort to register new voters via Snapchat has resulted in 418,000 new voters, according to numbers given by Venice, California-based Snap to the New York Times. The registrations on Snapchat came within a short, two-week period, and involved a registration button on user profiles. READ MORE>>.

Snapchat 153

Snapchat Venice Report Services 153