Funding Media Social Media Venice 
socalTECH
FEBRUARY 3, 2014
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.
socalTECH
MAY 20, 2014
Venice, California-basd Epoxy --which was built by former executive from Team Downey--has launched a brand new set of tools aimed at helping online video creators use social media, and also disclosed a funding round. The company did not provide other details on the funding round. READ MORE>>.
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socalTECH
MARCH 9, 2015
Venice, California-based Snapchat is in discussions with Saudi Arabian Prince Alwaleed bin Talal, over possible future funding for the company, according to the Prince''s investment firm, Kingdom Holding Company. companies, and says the Prince is the largest individual foreign investor in the United States. READ MORE>>.
socalTECH
APRIL 6, 2016
Los Angeles- and Sydney, Australia-based Clapit , a startup developing a social media crowdsourcing app, said it has raised AU$2.57M ($1.94M US), to bring its mobile app to market. The seed funding came from Australia angels Mark Moran and Paul Siderovski. Clapit, which says it is based in Sydney and has its U.S. READ MORE>>.
Xconomy
MARCH 2, 2017
Snap, which rose to unicorn status based on a social media app that creates quickly vanishing photos, attracted solid investor interest in an IPO that raised $3.4 The $17 initial offering price valued the company at about $24 billion , a number that has since risen with the Venice, CA, company’s share price shooting above.
socalTECH
OCTOBER 26, 2017
As more and more revelations of abuse of advertising systems at Google and Facebook by Kremlin-linked advertisers continue to surface--Venice, California-based Snapchat has managed to keep itself free of "fake news" using a secret weapon: humans. READ MORE>>.
Both Sides of the Table
APRIL 18, 2019
This led to massive funding rounds at Bird, Lime and others. There was seasonality, theft, tough unit economics and slowing funding rounds. They are no longer remarkable in Santa Monica or Venice or in many cities in America, Europe or South America. I’d like to share some insights with you. The valuations were too high!
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