Tech Company Financing Transactions

Reddit Funding Round

On 10/1/2014, Reddit received $50 million in funding from Y Combinator, Andreessen Horowitz and private investors.

Transaction Overview

Company Name
Announced On
10/1/2014
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors

Y Combinator (Lead Investor) (Sam Altman)

Andreessen Horowitz (Marc Andreessen)

private investors (Jessica Livingston)

private investors (Josh Kushner)

private investors (Julia Hartz)

private investors (Kevin Hartz)

private investors (Mariam Naficy)

private investors (Paul Buchheit)

private investors (Peter Thiel)

private investors (Ron Conway)

private investors (Yishan Wong)

Sequoia Capital (Alfred Lin)

Proceeds Purpose
Reddit will use the money to expand its development on projects and new features, it'll also use some to "expand our community management team" and "build out better moderation and community tools."

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
520 3rd St.
San Francisco, CA 94107
USA
Phone
Undisclosed
Email Address
Overview
Reddit is a social news website that displays news based on personal preferences and community likes. It operates this system based on the history of users voting stories up or down. Reddit provides news, information, insight, and articles related to a wide range of topics.
Profile
Reddit LinkedIn Company Profile
Social Media
Reddit Company Twitter Account
Company News
Reddit News
Facebook
Reddit on Facebook
YouTube
Reddit on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Steve Huffman
  Steve Huffman LinkedIn Profile  Steve Huffman Twitter Account  Steve Huffman News  Steve Huffman on Facebook
Co-Founder
Alexis Ohanian
  Alexis Ohanian LinkedIn Profile  Alexis Ohanian Twitter Account  Alexis Ohanian News  Alexis Ohanian on Facebook


 

 

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Where The Data Comes From

We record all VC transactions involving tech companies. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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