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Who said it wouldn’t work? Snapchat raises $13.5M in funding.

Snapchat, a real time picture chatting app for iOS and Android, has been valued between $60 and $70 million with over 60 million ‘snaps’ being sent each day. A total of 5 billion photos have been sent since the launch in September 2011, which has helped it to complete a Series A venture funding round totaling $13.5 million, led by Benchmark Capital (previously invested in Instagram).

Find out more here.

Image by Vectorportal.

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