Sarah Perez / TechCrunch:
Imgur, the image sharing service popular with Reddit users and a regular winner of the “best bootstrapped startup” award at the annual Crunchies event is no longer going it alone. Following acquisition rumors and courting by just about every VC firm in the Valley, the company is today announcing a $40 million investment from Andreessen Horowitz. The round also included a smaller contribution from Reddit, the company says.
Along with the investment, Andreessen Horowitz’s Lars Dalgaard will join Imgur’s board.
Imgur, the image sharing service popular with Reddit users and a regular winner of the “best bootstrapped startup” award at the annual Crunchies event is no longer going it alone. Following acquisition rumors and courting by just about every VC firm in the Valley, the company is today announcing a $40 million investment from Andreessen Horowitz. The round also included a smaller contribution from Reddit, the company says.
Along with the investment, Andreessen Horowitz’s Lars Dalgaard will join Imgur’s board.