Firm's valuation, at US$16-19b in latest round, has been rising since it started in 2011
Thu, Feb 19, 2015 - 5:50 AM
Snapchat, which makes a mobile application for sending photos and videos that disappear within seconds, wants to raise as much as US$500 million.
SNAPCHAT is seeking a new round of funding that would value the company as high as US$19 billion, a person with knowledge of the matter said, making it the third-most valuable venture-backed company in the world.
Snapchat, which makes a mobile application for sending...