Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Snapchat Lands $13.5 Million in Round Led By Benchmark Capital

Snapchat, the popular photo and video message app known for messages that disappear after a short time, has raised a $13.5 million round of venture capital funding in a round led by Benchmark Capital, at an implied valuation of $60-70 million according to a report in The New York Times. The company says its users send more than 60 million photos a day. (Correction: The original headline on this item said Bessemer Ventures. Sorry about that.)


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik