Google Capital has invested in Snapchat parent, rebrands as CapitalG

Google Capital, a unit of Alphabet which is Google’s parent holding company that invests in late-stage startups, has made an investment in Snap Inc., the parent company of social media platform Snapchat.
Rebranded as CapitalG, the investment was announced on the portfolio page of the company’s website, with no further information provided. Business Insider confirmed that it is a portfolio company of the growth equity arm of Alphabet. 
Snap Inc. has recently raised over $2.5bn in