Snapchat, the app that lets users share photos and videos that then disappear, has raised an additional $50 million in funding, according to a Securities and Exchange Commission document filed Wednesday.
The document does not specify the identities of the new investors, and Snapchat did not immediately respond to Mashable's request for comment. The news was first reported by Fortune.
See also: 10 Hot Social Networks to Watch
The $50 million Series C round joins the $80 million round — $20 million of which was given to its cofounders — that Snapchat raised in June at a reported $800 million valuation. Wednesday's raise is much smaller than the $200 million funding the company was reportedly looking for.
The news also comes just a few days after Snapchat filed a restraining order against a former fraternity brother of CEO Evan Spiegel's, who claims he is also a cofounder of the popular app.
Between June and Wednesday's Series C round, Snapchat was reportedly approached multiple times by Facebook, which tried to acquire the Venice, Calif.-based company for as much as $3 billion. Some reports claim Google offered the startup as much as $4 billion.
Mashable will update this story as more information becomes clear.
Have something to add to this story? Share it in the comments.
Image: Kevork Djansezian/Getty Images
অনলাইনে ছড়িয়ে ছিটিয়ে থাকা কথা গুলোকেই সহজে জানবার সুবিধার জন্য একত্রিত করে আমাদের কথা । এখানে সংগৃহিত কথা গুলোর সত্ব (copyright) সম্পূর্ণভাবে সোর্স সাইটের লেখকের এবং আমাদের কথাতে প্রতিটা কথাতেই সোর্স সাইটের রেফারেন্স লিংক উধৃত আছে ।