Social media firm Reddit said on Monday it will open an office in Dublin later this year, part of international expansion plans after raising $300 million in new funding.
‘Reddit is currently planning to open an office in Dublin in 2019 and we are actively recruiting to build out our team,’ a company spokesman said in a statement.
The announcement comes less than two weeks after it confirmed the $300 million (260 million euros) funding round, which values the US-based website at $3 billion (2.6 billion euros).
Chinese tech titan Tencent, American venture capitalists Andreessen Horowitz and the investment funds Fidelity and Sequoia were among those backing Reddit.
The platform, co-founded by Alexis Ohanian, the husband of tennis superstar Serena Williams, is popular for its more than 138,000 user-moderated communities.
The size and function of the new Dublin office is unclear, but company recruiters were advertising for an ‘anti-evil operations specialist’ in the Irish capital.
The ‘policy enforcement’ role would entail reviewing ‘reported content’ and acting on ‘sensitive issues’ on the site – which has faced scandals over hosting controversial content.
Reddit – which boasts 330 million monthly users – follows the likes of Twitter, Facebook and Google in opening a base in Dublin.
Ireland has become a popular choice for international companies with its high-speed internet connectivity to Europe and America, low corporate tax rates and English-speaking population.