Snapchat raises $175 million of funding, but with its valuation unchanged from last year

Lucas Jackson/Reuters Pictures Snapchat has raised $175 million from Fidelity Investments at a $16 billion valuation, according to The Wall Street Journal. Snapchat’s last round of funding in May 2015 reportedly valued the company at $16 billion. The new funding is technically part of that same round, according to the WSJ, as Snapchat had set […]