We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Snapchat Receives $500 Million In Investor Financing

January 3, 2015: 12:00 AM EST
Mobile messaging technology firm Snapchat raised almost $500 million from a financing round involving 23 investors. Details of the company's SEC filing revealed Benchmark partner Mitch Lasky and Sony CEO Michael Lyton as among the funding participants. Snapchat recently appointed former Credit Suisse Internet banking head Imran Khan as its first chief strategy officer. Khan's hiring is part of the company's efforts to improve its revenue performance.
Gavin O'Malley, "Snapchat Raises $500M, Capitalizes On Growth", Media Post, January 03, 2015, © MediaPost Communications
Domains
E-TAIL360
Companies
Themes
Other
Technology
Geographies
Worldwide
North America
United States of America
Categories
Companies, Organizations
Developed by Yuri Ingultsov Software Lab.