Imgur Emerges From Reddit’s Shadow With $40 Million in Funding


Photo website Imgur is taking a major step beyond its roots as an easy way for Reddit users to share photos with a $40 million round of funding.

The investment is the first outside funding for the site, which has quietly grown into one of the largest online hosts of images and gifs. The site boasts more than 130 million unique monthly users and more than 2 billion daily pageviews.

Alan Schaaf started Imgur out of his Ohio University dorm room in 2009. The site’s start is chronicled in …

More about Reddit, Photo Sharing, Business, Media, and Startups …read more

Via: Mashable: Business

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