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Snap

Overview
Activities
Financials

Snap is a privately-owned multinational camera company focusing on multinational technology and social media. Snap is behind Snapchat, a photo messaging app that allows users to take photos, record videos, add text and drawings, and send them to recipients. In 2016, it released Spectacles, video-sharing sunglasses that free the Snapchat app from smartphone cameras.

HQ Location:
63 Market St Venice CA USA
Founded year:
2011
Employees:
5,001-10,000
Sports & Entertainment
Sales & Marketing
Pharma & Life Sciences
Extended Reality
Extended Reality
Creator Economy
Creator Economy
Metaverse Experience Platforms
Metaverse Experience Platforms
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EDGE Insights

XR and MEP (Q1 2024): An Apple-backed XR spatial computing surge; Disney’s USD 1.5 billion fuels Fortnite expansion
XR and MEP (Q4 2023): XR GenAI adoption accelerates alongside funding rebound
Brain-computer interfaces: Connecting the human brain with technology
XR and MEP (Q3 2023): Product improvements continue despite stagnant funding
XR and MEP (Q2 2023): Apple's Vision Pro fuels XR's cautious comeback as metaverse plummets
XR and MEP (Q1 2023): From virtual promise to metaverse hesitation

Recent Updates

Product updates
May 23, 2024
Snap launches AR lenses on desktop through Google Chrome extension
Extended Reality
Product updates
May 1, 2024
Snapchat introduces new AR and GenAI tools to create interactive advertising experiences
Extended Reality
Partnerships
Apr 30, 2024
Snapchat partners with Billion Dollar Boy and Influencer to leverage creator influence
Creator Economy
Funding
Dec 5, 2023
Snap to receive USD 20 million grant to support California tech industry
Extended Reality
Product updates
Nov 9, 2023
Snap launches Lens Studio 5.0 Beta with GenAI AR content creation capabilities
Extended Reality
Partnerships
Nov 9, 2023
Snap launches Lens Studio 5.0 Beta with GenAI AR content creation capabilities
Generative AI Applications
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