(Reuters) - Alphabet Inc's <GOOGL.O> venture capital arm CapitalG, earlier known as Google Capital, disclosed an investment in Snapchat by adding the social networking firm's logo to a page on its investment portfolio website.
CapitalG has not made a formal announcement and it was not clear when Google made the investment. The company was not immediately available to comment. (http://bit.ly/2focX4i)
Snap Inc, which operates the popular messaging app Snapchat, has hired Morgan Stanley <MS.N> and Goldman Sachs Group Inc <GS.N> as lead underwriters for an initial public offering.
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The banks were notified last month that they had been awarded one of most coveted and potentially lucrative IPO mandates in recent years, as the Venice, California-based company vies for a $25 billion valuation in the stock market.
Snapchat, which lets users send smartphone photos which automatically disappear after a few seconds, has proven popular among teenage users.
The company had reportedly rejected an acquisition offer from Facebook Inc <FB.O> that would have valued the company at $3 billion or more in 2013. (http://reut.rs/2f35J7m)
(Reporting by Subrat Patnaik in Bengaluru and Liana Baker in New York; Editing by Bill Rigby)