Friday, March 4, 2016
Report: Snapchat Raises $175M More
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 billion in funding.