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Snapchat: 35 Employees, Great Place To Work

socalTECH

Venice-based social networking app developer Snapchat looks to be on the prowl for employees, based on a new recruiting video released onto YouTube by the company Wednesday morning. In the video, Snapchat''s employees -- of which there are 35 -- talk about working at Snapchat and in Venice. video embedded below).

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Lawsuit Targets Snapchat Founders, Venture Investors

socalTECH

A new lawsuit, targeting Venice, California-based Snapchat --the hottest company to emerge out of the area''s high tech startup cluster in recent years--says that the company''s founders stole the idea for the company from him after forcing him out of the company early on in its history. snapchat legal lawsuit social networking mobile'

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Snapchat Expands To Video Chat

socalTECH

Venice, California-based social networking wunderkind Snapchat has extended out its application, saying today that it has added a new, video chat ability to its app--part of a move to add "presence" to the company''s popular app. snapchat chat videochat expansion social networking' READ MORE>>.

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Snapchat Rolls Out Security Updates

socalTECH

Venice-based instant photo messaging service Snapchat has released an update to the company''s software for both Android and iOS, in response to the major security breach over the holidays resulting from the abuse of its "Find Friends" feature. Snapchat had announced plans for the update after an embarassing security breach which exposed 4.6

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Report: Snapchat Valued At $10 Billion In New Funding

socalTECH

Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. The report also said that Snapchat has around 100 million monthly active users now using its messaging service.

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Snap accelerator names its latest cohort

TechCrunch LA

and international cities like London, Mexico City, Seoul and Vilnius are building professional social networks for black professionals and blue collar workers, fashion labels, educational tools in augmented reality, kids entertainment, and an interactive entertainment production company. Wabisabi Design, Inc.

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Yahoo Planning Big Investment In Snapchat, Says Report

socalTECH

Yahoo is planning a big investment in Venice-based Snapchat , in a deal that values Snapchat at $10 billion, according to a report over the weekend. The WSJ reports that Yahoo is investing around $20M in Snapchat at the lofty valuation, using money it cashed out of the IPO of Alibaba. READ MORE>>.

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