Nationwide: 888.457.3771

News

News, Press, Articles & Job Postings

Reddit Buys Short-Form Video Platform Dubsmash, Its First Major Acquisition

Reddit announced the acquisition of Dubsmash, a TikTok-like short-form video app whose mission is to “elevate underrepresented creators.” Terms of the deal weren’t disclosed. Dubsmash, founded in 2015, raised $20.2 million from investors including Eniac Ventures, Heartcore Capital, Index Ventures, Lowercase Capital and Sunstone Life, per Crunchbase. Dubsmash claims its app generates more than 1 […]

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.