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Social App IRL Raises From SoftBank at $1.2 Billion Valuation

By
Berber Jin
· · Source: The Information

IRL, the social messaging network popular with American teens, has raised $170 million at a $1.2 billion valuation. SoftBank is leading the round through its Vision Fund 2, one of its first major social media investments after leading TikTok-owner ByteDance’s Series D fundraise in 2018. San Francisco-based IRL, launched in 2017, started as a live events discovery platform before pivoting to...

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