Roblox raises $150M Series G, led by Andreessen Horowitz, now valued at $4B

Rick Liebling
Senior PR professional and industry influencer with deep exper...
Roblox raises $150M Series G, led by Andreessen Horowitz, now valued at $4B
  • Online gaming platform Roblox, now home to 115 million largely Gen Z players per month, announced today it has raised $150 million in Series G funding, led by Andreessen Horowitz’s late-stage venture fund.
  • Others participating in the Series G include new investors Temasek and Tencent Holdings Limited, as well as existing investors Altos Ventures, Meritech Capital, and Tiger Global Management.
  • Roblox said it comes at a time of significant growth for Roblox as it hits new milestones including reaching over 115 million monthly active users and more than 1.5 billion hours of monthly engagement.
  • Roblox plans to leverage the new funds to continue its growth, including international; further build out its developer tools and ecosystem; and invest in engineering talent and infrastructure.
Jon Russell
Jon Russell
@jonrussell
Roblox was a little known and much underestimated kids gaming power—but now VCs love it and value it at $4B But there's a huge question over whether it can retain its appeal to kids as they get older. My 11yo grew out o… Show more
Ben Fritz
Ben Fritz
@benfritz
Such a cliche but I could make a lot of $$ if I were an investor and put money behind every new thing I see my son spending time on. https://t.co/Jk1G1MUzOo
Kapil Kale
I help build this site

holy shit. "user base is spending a collective 1.5 billion hours per month on its service"