Complex sentence: In June 2013, Snapchat raised $60 million in a funding round led by venture-capital firm Institutional Venture Partners, and firm also appointed a new high-profile board member, Michael Lynton of Sony's American division.
Split into simpler sentences: In June 2013, Snapchat raised $60 million in a funding round led by venture-capital firm Institutional Venture Partners. The firm also appointed a new high-profile board member, Michael Lynton of Sony's American division.