Fidelity Investments

Report: Snapchat raises US$175 million in funding

Social messaging app Snapchat has reportedly raised US$175 million (€160 million) in funding at the same US$16 billion valuation the company had a year ago. According to a Wall Street Journal report, Fidelity Investments provided the funding, paying the same US$30.72 per-share price that it did last March. Separately Reuters reported that the US$175 million […]