July 26, 2017 10:08 PM ET

Internet Software and Services

Company Overview of ZENLY S.A.S.

Company Overview

ZENLY S.A.S. develops and operates a real time location sharing application. The company’s application enables users to remain in contact with their friends, as well as assist in localizing them. Its application is compatible with iOS and Android devices. ZENLY S.A.S. was founded in 2010 and is based in Paris, France. As of May 31, 2017, ZENLY S.A.S. operates as a subsidiary of Snap Inc.

8 rue du Caire

Paris,  75002

France

Founded in 2010

Key Executives for ZENLY S.A.S.

Chief Executive Officer
Chief Operating Officer
Chief Technology Officer
Vice President of Platform
Compensation as of Fiscal Year 2017.

ZENLY S.A.S. Key Developments

Snapchat Reportedly Buys Social Mapping Startup Zenly For $200 Million

Snap Inc. (NYSE:SNAP) has reportedly acquired ZENLY S.A.S., which is a French startup that makes a social map so people can see where their friends are hanging out, for $200 million in cash plus additional stock awards, according to a person familiar with the matter. Los Angeles-based Snap bought Zenly in late May, according to the person, and has already turned the product into a feature on its main Snapchat application that lets users see friends’ photo and video posts by location. The tool uses Bitmoji - animated cartoon avatars users can personalise to depict themselves - as the markers on the map. Snap declined to comment.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 23, 2017
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Private Placement
September 26, 2016
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