Snap will pay Google at least $400 million a year for the next 5 years (GOOG, GOOGL)

pulse

February 3, 2017 12:53 AM

Snap just filed for a $3 billion IPO, giving us a peek behind the curtain at the company that makes Snapchat.

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And what we've learned is that, earlier this very week, Snap entered into a $400 million-a-year deal with the Google Cloud Platform, to provide the infrastructure and services that keep the Snapchat app running.

Google Cloud Platform is what technical types would call a "public cloud" service, where engineers like Snapchat's can pay by the minute for unlimited supercomputing services. remains one of the largest usersit's recently brought a data center specialist in house

Notably,

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