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Yahoo Planning Big Investment In Snapchat, Says Report

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Yahoo is planning a big investment in Venice-based Snapchat , in a deal that values Snapchat at $10 billion, according to a report over the weekend. The WSJ reports that Yahoo is investing around $20M in Snapchat at the lofty valuation, using money it cashed out of the IPO of Alibaba. READ MORE>>.

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Southern California Firms Get $587.0M In Venture Capital In Q2

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in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. Those numbers reflected a drop from Q2 of last year, when there was $868.98M in investments across 97 deals. However, venture dollars invested were above Q1, when Southern California saw $569.1M READ MORE>>.

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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. snapchat venture capital rumor valuation kpcb investment messaging social networking'

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Southern California Companies Raise $2.49 Billion In VC In Q2

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billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. billion round for Venice based Snapchat. Nationally, venture capitalists invested $15.3 READ MORE>>.

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Report: Snapchat Seeking $500M In New Funding, Valued At $19 Billion

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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.

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Report: Snap To Set Up Offices In Saudi Arabia

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A report, published Tuesday by CNBC, says Venice, California-based Snap is in advanced talks to set up a new office in Saudi Arabia. The report said the move is related to an effort by Saudi Arabian Crown Prince Mohammed bin Salman to help train Saudi youth to develop content for the market.

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Report: Snapchat Raises $175M More

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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

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