Reddit raises $300M Series D at a $3B valuation, with Tencent, Sequoia, a16z, Fidelity among investors, says it has 330M MAUs, half between the age of 18 and 24 (Julia Boorstin/CNBC)



Julia Boorstin / CNBC:

Reddit raises $300M Series D at a $3B valuation, with Tencent, Sequoia, a16z, Fidelity among investors, says it has 330M MAUs, half between the age of 18 and 24  —  – CEO Steve Huffman says the company will use the investment to improve Reddit’s website and work to take digital ad market share away from Facebook and Google.


Source: TechMeme

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