Snapchat Just Landed Sony Entertainment CEO Michael Lynton As An Investor, Board Member
New documents filed with the SEC show that Snapchat has raised another $50 million in investment, with a big name investor: Micheal Lynton, CEO of Sony Entertainment. Lynton is on Snapchat's board of directors, the filing confirmed. This latter news was previously reported in June. As we previously reported, new regulatory filings showed that Snapchat was about to raise a hefty chunk of money.