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Snapchat Announces $60M Funding

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Los Angeles-based Snapchat has officially announced its Series B funding, raising $60M in a round led by Institutional Venture Partners. The funding also included General Catalyst, Benchmark Capital , Lightspeed Venture Partners, and SV Angel. Michael Lynton has joined the company''s board as part of the funding.

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Report: No Snapchat Series On Quibi

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Los Angeles-based mobile streaming video startup Quibi will not be launching a series about Venice, Californi-based Snapchat , according to a report from Variety. Quibi raised a huge, $350M funding round back in January for the streaming service. Variety did not say why Quibi decided to drop its plans for the series.

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Snapchat Seeks More Funding At Up To $3.6 Billion Valuation

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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 Details on the size of the funding round haven''t yet emerged. snapchat valuation venture capital mobile social teenager startup' billion, according to a report Friday.

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Report: Snapchat Raising $100M

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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

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Snapchat: 35 Employees, Great Place To Work

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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). READ MORE>>.

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Snapchat Confirms $50M Series C Round

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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. The funding round came entirely from Coatue Management. in funding.

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Snapchat Raises $13.5M

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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 funding came from Benchmark Capital, led by Mitch Lasky.

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