Snapchat raises $1.81 billion in new funding round

Venture capital database PitchBook estimated the company’s valuation after the financing at .81 billion, up frombillion at it most recent financing in February. (Photo: Snapchat) Messaging app Snapchat has raised $1.81 billion in funding, the company reported in a US regulatory filing on Thursday, a sign that investor interest is strong despite concerns among some venture capitalists that the platform is struggling to attract advertisers.
Venture capital database PitchBook estimated the c