Reddit brings in $367M+ for Series E

Reddit has now raised more than $367 million for its Series E, with plans to secure a total of $500 million for the round, according to an SEC filing. Earlier this month, the operator of an online discussion platform raised over $250 million for the round, valuing the company at $6.15 billion, according to PitchBook data. The new funding comes from both new and existing backers, TechCrunch reported.

View details

News & Analysis

Related content