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Snapchat Raises $1.81 Billion In New Funding Round

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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Snapchat logo image created with Post-it notes is seen in the windows of Havas Worldwide offices at 200 Hudson street in lower Manhattan, New York during "Post-it note war"(Reuters) - Messaging app Snapchat Inc has raised $1.81 billion in an equity offering, indicating strong investor interest in the company despite concerns that it is struggling to attract advertisers. Snapchat did not disclose its valuation in the latest round of funding in its filing on Thursday. (http://1.usa.gov/1Xz2x2n) However, technology website TechCrunch reported on Monday, citing sources, that the company could be valued at about $20 billion. ...




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