Conscious Investing Today
  • Top News
  • Business Insider
  • Economic Indicators
  • Investing Ideas
  • Politics News
  • Stock Analysis
  • Editor’s Pick
No Result
View All Result
  • Top News
  • Business Insider
  • Economic Indicators
  • Investing Ideas
  • Politics News
  • Stock Analysis
  • Editor’s Pick
No Result
View All Result
Conscious Investing Today
No Result
View All Result
Home Politics News

Clubhouse closes new round of funding that would value app at $4 billion — source

by
April 19, 2021
in Politics News
0
Clubhouse closes new round of funding that would value app at $4 billion — source
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

Audio-chat app Clubhouse closed a new Series C round of financing, the company said during its weekly town hall on Sunday, without disclosing the amount raised.

A source familiar with the matter confirmed to Reuters that the new financing would value the company at $4 billion.

The social media app said the new round of financing was led by Andrew Chen of venture capital firm Andreessen Horowitz with major investors like DST Global, Tiger Global, and Elad Gil.

Clubhouse and Andreessen Horowitz did not respond to requests for how much the funding round raised.

ADVERTISEMENT

The San Francisco-based company, whose app allows people to discuss varied topics in audio chatrooms, has seen its popularity surge after appearances by billionaires Elon Musk and Mark Zuckerberg.

The success of the invite-only, year-old platform, which recently reported 10 million weekly active users, has demonstrated the potential of audio chat services, particularly as people stay inside homes due to the coronavirus disease 2019 (COVID-19) pandemic.

Bloomberg earlier this month said Twitter Inc. was in discussions to buy audio app at a $4 billion valuation. — Elizabeth Culliford/Reuters

Related Posts

PSEi ends lower on profit taking, Wall Street’s drop
Politics News

PSEi ends lower on profit taking, Wall Street’s drop

June 29, 2022
PHL, US firms ink deal for weapons assembly in Bataan
Politics News

PHL, US firms ink deal for weapons assembly in Bataan

June 29, 2022
VP Robredo takes a bow with highest audit rating
Politics News

VP Robredo takes a bow with highest audit rating

June 29, 2022
Next Post
Billionaire Issa brothers who bought Asda for £7bn launch takeover bid for Caffe Nero’ – hours after agreeing £100m to buy restaurant chain Leon

Billionaire Issa brothers who bought Asda for £7bn launch takeover bid for Caffe Nero’ – hours after agreeing £100m to buy restaurant chain Leon

Ocado makes £10M investment to develop autonomous vehicles

Ocado makes £10M investment to develop autonomous vehicles

Job centre workers ‘feel unsafe returning to work’ say unions

Job centre workers ‘feel unsafe returning to work’ say unions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Categories

  • Economic Indicators
  • Editor's Pick
  • Investing Ideas
  • Politics News
  • Stock Analysis

Popular News

  • A Minute With: Family Reunion cast on relatable story lines

    A Minute With: Family Reunion cast on relatable story lines

    0 shares
    Share 0 Tweet 0
  • Twitter launches ‘Milk Tea Alliance’ emoji as movement grows

    0 shares
    Share 0 Tweet 0
  • Gas and car bills to soar under green revolution

    0 shares
    Share 0 Tweet 0
  • Level up your gaming experience with vivo Y20s [G]

    0 shares
    Share 0 Tweet 0
  • Rehab, expansion of General Santos airport seen completed by Q2

    0 shares
    Share 0 Tweet 0
No Result
View All Result

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Highlights

5 Tips for Online Casino Promotions

What Is the Difference Between a Fire Door and a Normal Door?

How to save money when financing a car

4 tips for dining on your travels

Turkey lifts veto on Finland, Sweden joining NATO, clearing path for expansion

Ghislaine Maxwell sentenced to 20 years for ‘horrific’ sex trafficking

Trending

PSEi ends lower on profit taking, Wall Street’s drop
Politics News

PSEi ends lower on profit taking, Wall Street’s drop

by
June 29, 2022
0

Philippine shares ended lower on Wednesday due to profit taking and losses on Wall Street amid the...

PHL, US firms ink deal for weapons assembly in Bataan

PHL, US firms ink deal for weapons assembly in Bataan

June 29, 2022
VP Robredo takes a bow with highest audit rating

VP Robredo takes a bow with highest audit rating

June 29, 2022
5 Tips for Online Casino Promotions

5 Tips for Online Casino Promotions

June 29, 2022
What Is the Difference Between a Fire Door and a Normal Door?

What Is the Difference Between a Fire Door and a Normal Door?

June 29, 2022

Disclaimer: ConsciousInvestingToday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2021 ConsciousInvestingToday. All Rights Reserved.

No Result
View All Result
  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.