logo
logo

Roblox Raises $150M in Series G Financing, Led by Andreessen Horowitz

Feb 26, 2020•over 5 years ago

Amount Raised

$150 Million

Round Type

series g

San Francisco

Description

Roblox, a global online platform bringing people together through play, announced today it has raised $150 million in new funding led by Andreessen Horowitz’s Late Stage Venture fund and will open a tender offer for up to $350 million of common and preferred shares. The financing comes as Roblox continues to experience significant growth, having recently reached 115 million monthly active users and more than 1.5 billion hours of monthly engagement. The Series G funding will further fuel the company’s long-term mission to define a new category of human co-experience.

Company Information

Company

Roblox Corporation

Location

San Francisco, California, United States

About

Roblox is an immersive gaming and creation platform that offers people millions of ways to be together, inviting its community to explore, create, and share endless unique experiences. Our vision is to reimagine the way people come together—in a world that’s safe, civil, and optimistic. To achieve this vision, we are building an innovative company that, together with the Roblox community, has the ability to strengthen our social fabric and support economic growth for people around the world.

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech