The events-focused social network secured its latest funding at a $1.2bn valuation, in a round led by SoftBank Vision Fund 2.
Internet and telecommunications group SoftBank’s Vision Fund 2 led a $170m series C round for US-based messaging social network IRL yesterday valuing it at $1.17bn.
The round also featured Dragoneer Investment Group, Goodwater Capital, Founders Fund, Floodgate and Owl Capital.
IRL has built an online social networking platform focused on group chats and event discovery. Its platform lets users schedule events and maintain group calendars, and can also connect users based on shared interests.
The company will use the series…