Ephemeral messaging startup Snapchat has raised $50 million in a Series C round of venture capital, according to an SEC filing. The money was contributed by a single investor, CEO Evan Spiegel told TechCrunch. With today’s investment and the $60 million Series B round just a few months ago, Snapchat has raised upwards of $120 million in total.
via AllThingsD » Mobile http://allthingsd.com/20131211/snapchat-raises-50-million-in-series-c-round/