Venice, Calif.-based Snapchat, a mobile photo-sharing service, has kicked off the New Year by revealing per a Form D SEC filing that it raised $485.6 million in Series D funding.
Kleiner Perkins Caufield & Byers is reportedly one of the investors, says Crunchbase.
In December 2013, Snapchat snagged $50 million in Series C funding in a round that included Coatue Management. That same year Snapchat rejected Facebook‘s bid to acquire it for $3 billion.
Founded in 2011, Snapchat is led by co-founder and CEO Evan Spiegel.
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