Reddit grabs $50 mln

By Iris Dorbian — 1 year ago

Social news website Reddit has raised $50 million in funding, a blog post on its site confirmed. Sam Altman led the round with participation from Alfred Lin of Sequoia Capital and Marc Andreessen of Andreessen Horowitz. Other investors in this round included Peter Thiel, Jared Leto and Snoop Dogg. To read the announcement, visit here.