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Snapchat Confirms $50M Series C Round

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. Snapchat has now raised $125.0M in funding. More information »





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