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.
See also: The 10 Most Annoying Things on Reddit
Alan Schaaf started Imgur out of his Ohio University dorm room in 2009. The site's start is chronicled in a now famous post on Reddit entitled: "My Gift to Reddit: I created an image hosting service that doesn't suck. What do you think?" Read more...
More about Reddit, Photo Sharing, Business, Media, and StartupsImgur Emerges From Reddit's Shadow With $40 Million in Funding
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