Kleiner to invest in messaging startup Snapchat at near-$10 billion valuation: report
August 26, 2014 at 18:18 PM EDT
SAN FRANCISCO (Reuters) - Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter.
