Reddit raised $200 million in funding and is now valued at $1.8 billion

Reddit has raised $200 million in new venture funding and is now valued at $1.8 billion, according to CEO Steve Huffman. The new funding round, the company’s largest ever, should expedite a number of internal product and business efforts, including a redesign of its homepage and its first foray into user-uploaded video, Huffman added in an interview with Recode.
Read more: https://www.recode.net/2017/7/31/16037126/reddit-funding-200-million-valuation-steve-huffman-alexis-ohanian?source=Snapzu