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December 12, 2013 01:01 am GMT

Snapchat Raises $50 Million In Series C From Coatue Management

snapchat-stillAmid rumors of a $3 billion acquisition offer from Facebook and a potential $200 million funding round, turns out that ephemeral messaging sensation Snapchat has actually raised $50 million in Series C funding.Co-founder Evan Spiegel has confirmed with TechCrunch that the $50 million was from a single investor, with no secondary offering. However, there is no word on who that investor might be, or whether or not it was a previous investor.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/YYbha8nnF3M/

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