![]() ![]() and was now owned by Advance Publications, the parent company of Condé Nast. On September 6th, 2011, an announcement posted to the official reddit blog revealed that the company had become reddit Inc. ![]() On October 31st, 2006, reddit was acquired by the magazine publishing company Condé Nast. According to CrunchBase, the site received its original seed funding of $100,000 from startup investment firm Y Combinator. ![]() Reddit was founded in 2005 by Steve Huffman and Alexis Ohanian when they were both 22-years-old. ![]()
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