Snapchat Mulls Funding At $3.5 Billion Valuation

Snapchat is reportedly in talks for another funding that values the company at up to $3.6 billion, reports AllThingsD. Citing known sources, Kara Swisher and Mike Isaac of AllThingsD report Snapchat could be funding in the hundreds of millions of dollars, and the lead investor might be a strategy party from Asia. Snapchat users send 350 million photos per day Snapchat is a popular photo sharing mobile application that makes it easy to instantly share photos with friends. The appeal behind the apps is that each photo or video instantly disappears shortly after it’s shared. The company witnessed tremendous growth…