Roblox Raises $150M in Series G Financing, Led by Andreessen Horowitz
02/26/20, 10:51 PM
Location
san franciscoMoney raised
$150 million
Round Type
series g
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 Info
Location
san francisco, california, united states
Additional Info
Roblox’s mission is to build a human co-experience platform that enables shared experiences among billions of users. Every day, an average of more than 31 million people around the world have fun with friends as they explore millions of immersive digital experiences. All of these experiences are built by the Roblox community, made up of over seven million creators. We believe in building a safe, civil, and diverse community—one that inspires and fosters creativity and positive relationships between people around the world. For more information, please visit corp.roblox.com.