31 Jul

Reddit just raised a new round that values the company at $1.8 billion

 Reddit, the 12-year-old, San Francisco-based online discussion platform that has long called itself the “front page of the internet,” just closed its biggest round ever, from a whole lot of investors, reports Recode. Andreessen Horowitz, Sequoia Capital, Coatue Management, Vy Capital, Fidelity, Sam Altman and Ron Conway all chipped into the $200 million financing. Read More
Source: TechCrunch – Funding and Exits

Leave a Reply

Your email address will not be published. Required fields are marked *