Snapchat Closes $1.8 Billion Funding Round; 2015 Revenue, Daily Active User Figures Leaked

Snapchat officially closed a $1.8 billion funding round, and year-end-2015 revenue and daily-active-user figures were revealed in a leaked pitch deck.

Snapchat announced in a filing with the Securities and Exchange Commission that it closed a $1.8 billion series-F funding round, and a leaked pitch deck obtained by Ingrid Lunden and Katie Roof of TechCrunch revealed its revenue at the end of 2015, revenue projections and year-end daily-active-user numbers.

@9Number9 David Cohen is editor of Adweek's Social Pro Daily.