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Report: Snapchat Valued At $10 Billion In New Funding

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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. The report also said that Snapchat has around 100 million monthly active users now using its messaging service.

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Report: No Snapchat Series On Quibi

socalTECH

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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Introducing Snapstorms.com. Why, oh, why Snapchat?

Both Sides of the Table

For the past few months I’ve been doing nearly daily “Snapstorms” or short videos with startup advice released on Snapchat. Among the most comical things to me in the past few years is just how much it annoys some people that I use Snapchat. I remember the same disdain from people when I started blogging or using Twitter.

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Snapchat's Latest Funding Round Hits $1.8 Billion

SoCal Tech Calendar

Venice, California-based Snapchat has raised $1.8 billion in its Series F funding round, according to a regulatory filing by the firm this morning, in what might be the largest funding round ever for a Southern California startup. Details on the round have not been announced. READ MORE>>.

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Snapchat Seeks More Funding At Up To $3.6 Billion Valuation

socalTECH

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 AllThingsD reports that the firm--which just raised $60M in June --is looking for more money, upping its valuation from $800M to $3.6 Details on the size of the funding round haven''t yet emerged.

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Snapchat, R/GA Partner For New Startup Accelerator

socalTECH

the parent firm behind Snapchat , has joined up with R/GA Marketing --which helps run the Dodgers Accelerator in Los Angeles--to launched a new startup accelerator, the R/GA Marketing Tech Venture Studio with IPG. Venice, California-based Snap Inc. , READ MORE>>.

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Snapchat Confirms $50M Series C Round

socalTECH

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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