The Latest in IT Security

Photo-sharing service Snapchat raises $50 million

12
Dec
2013

SAN FRANCISCO (Reuters) – Snapchat, the mobile photo-sharing service beloved by teenagers and twenty-somethings, has raised another $50 million, according to a Securities and Exchange Commission filing made Wednesday. The funding brings the total raised by the two-year-old company to more than $123 million. The company has no revenue, but millions of users who use it to send photos that vanish from recipients phones after a few seconds. A Pew Research Center study released in October said that 9 percent of U.S. mobile phone users use Snapchat. The funding was first reported by TechCrunch. …

Comments are closed.

Categories

FRIDAY, AUGUST 23, 2019
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments

Social Networks