Snapchat, the social photo and video sharing app that has eight billion daily active users and more than 100 million daily video views, is in a funding round to raise nearly $200m , according to Fidelity , bringing its total funding to nearly $200m . This kind of a valuation will weigh heavily on the company’s eventual IPO (assuming no one forks over $20 billion to acquire it in the meantime). In daily , the company raised $175m in a series F funding round. The new funding will raise its valuation from $ 16bn to $ 20bn .
Snapchat, the social photo and video sharing app that has eight billion daily active users and more than 100 million daily video views, is in a funding round to raise nearly $200m , according to Fidelity , bringing its total funding to nearly $200m . In daily , the company raised $175m in a series F funding round. The new funding will raise its valuation from $ 16bn to $ 20bn .