Reddit raised $200M in funding, is now valued at $1.8B, a16z and Sequoia among investors; sources: Condé Nast owner Advance Publications retains majority stake (Kurt Wagner/Recode)

Reddit raised $200M in funding, is now valued at $1.8B, a16z and Sequoia among investors; sources: Condé Nast owner Advance Publications retains majority stake (Kurt Wagner/Recode)

Kurt Wagner / Recode:
Reddit raised $200M in funding, is now valued at $1.8B, a16z and Sequoia among investors; sources: Condé Nast owner Advance Publications retains majority stake  —  It's going on a hiring spree and redesigning its website.  —  Reddit has raised $200 million in new venture funding …

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