The US-based online image hosting and sharing service has raised $40m in its first round of funding, with internet company Reddit joining Andreessen Horowitz in the round.
Imgur, an online image hosting and sharing service, has secured $40m of funding from venture capital firm Andreessen Horowitz in a round that also included an undisclosed investment by internet entertainment and news provider Reddit.
The funding marks the first notable external investment in Imgur, which has become increasingly popular since it was founded in 2009, particularly on Reddit, the website for which Imgur co-founder Alan Schaaf originally developed Imgur as a ‘simple image sharer’. Imgur claims to now have…
