article thumbnail

Snapchat Aims At March IPO, Says Report

socalTECH

Venice-based instant messaging company Snap Inc. otherwise known as SnapChat , is aiming at a March IPO, according to a report on Thursday afternoon. The WSJ reports that the company is looking to hit the market as early as March , in a deal which would value the company at $25 billion.

Snapchat 157
article thumbnail

Report: Snapchat Valued At $10 Billion In New Funding

socalTECH

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.

Snapchat 168
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Snapchat's Would-Be Investors Drive Up Wrong Stock

socalTECH

Enthusiastic, yet clearly unsophisticated, fans of Venice, California-based Snap Inc. , the parent company of Snapchat , have driven the stock of a completely unrelated, over-the-counter company, Snap Interactive , through the roof this week. which has yet to hit the market--intends to list on the New York Stock Exchange.

Snapchat 133
article thumbnail

Snapchat Becomes Snap, Inc., Rolls Out Camera Sunglasses

socalTECH

Venice-based Snapchat said over the weekend that it has renamed itself to Snap Inc. , Spiegel also alluded to the public markets, saying that by changing the name users can search for information and "leave Snap Inc. as it rolled out a new, wireless camera integrated with sunglasses called Spectacles. READ MORE>>.

Snapchat 100
article thumbnail

Snapchat, R/GA Partner For New Startup Accelerator

socalTECH

Venice, California-based Snap Inc. , 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.

Snapchat 100
article thumbnail

Snapchat Injects New Life Into QR Codes

socalTECH

Venice-based Snapchat --which has been including Snapchat branded QR-codes in its apps since January--said this week that it has rolled out a new program that allows users to personalize their own Snapcodes, with downloadable vector files and branding guidelines. READ MORE>>.

Snapchat 100
article thumbnail

Three SoCal Startups That Beat Snapchat To $100M In Revenues

socalTECH

Venice-based Snapchat might be the darling of the technology startup scene, but there are at least three, privately held startups--and maybe, more--in Southern California who recently passed $100M in revenues, according to a look through recent announcements. READ MORE>>.

Snapchat 100