Yik Yak Raises $62 Million, Valued at $300 to $400 Million
The anonymous messaging app Yik Yak is looking to broaden its horizons outside college campuses.
The college-centric anonymous messaging app Yik Yak has raised $62 million, valuing the company at $300 to $400 million, reports The Wall Street Journal. Investors are betting on two trends: anonymity and messaging. Sequoia Capital led the investment. According to the WSJ, the venture capital firm made more than $3 billion thanks to a $60 million investment in messaging app Whatsapp.
Yik Yak raised $1.5 million in April of this year and another $10 million in June.
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