<p>Snapchat, a messaging app for smartphones that makes photos and videos disappear shortly after they're viewed, has raised $60m (38.9m) in venture capital funding.</p><p>Snapchat was valued at $800m by the funding round, despite the fact that the Los Angeles-based startup has yet to make any money by charging users or selling advertising.</p><p>Snapchat users set the duration for which their messages can be viewed after the recipient has opened them, between one and 10 seconds, and are warned if they take a screenshot.</p><p>The app has been particularly popular among teenagers, which has caused controversy amid reports that "sexting" sending partially clothed or nude photos and videos was a key use for Snapchat.</p><p><a href="http://www.guardian.co.uk/technology/appsblog/2013/jun/25/snapchat-app-self-destructing-messaging">Keep reading...</a></p><p>Read also:</p><p><a href="http://www.idigitaltimes.co.uk/articles/482820/20130625/snapchat-messaging-worth-557-million-200-snaps.htm">Snapchat Worth 557 Million with 200 Million Snaps per day</a> (iDigitalTimes.co.uk)</p><p><a href="http://www.labusinessjournal.com/news/2013/jun/24/snapchat-raises-60-million-grow-staff-monetize/">Snapchat Raises $ 60 Million to Grow Staff, Monetize</a> (Los Angeles Business Journal)</p><p><a href="http://blogs.ft.com/tech-blog/2013/06/snapchat-investors/">Investors explain why Snapchat is worth $ 800m</a> (FT.com (blog))</p><p>Explore: <a href="http://news.google.com/news/more?ncl=d2PVnQCYGM3-qTM-FK1OHbUmbyigM&ned=us">91 additional articles.</a></p>