Sources: the SEC is investigating whether messaging app IRL misled investors; IRL raised $170M from SoftBank's Vision Fund 2 at a $1.17B valuation in June 2021 (Mark Matousek/The Information)

Mark Matousek / The Information:

Sources: the SEC is investigating whether messaging app IRL misled investors; IRL raised $170M from SoftBank’s Vision Fund 2 at a $1.17B valuation in June 2021  —  The Securities and Exchange Commission has been investigating whether SoftBank-backed messaging app IRL violated securities laws …

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