Connect with us

Hi, what are you looking for?


Roblox Raises $150 Million In New Funding

Roblox have announced they have secured another $150 million in new funding from Andreessen Horowitz’s Late Stage Venture fund and will open a tender offer for up to $350 million of common and preferred shares.

David Baszucki, CEO and co-founder of Roblox, said in a press release:

“We’ve stayed true to our vision of creating a safe and civil place where people come together to create, learn, and have fun, and it’s amazing to see what we’ve built together with our global creator community. Looking ahead, we’re doubling down on our commitment to building the most advanced tools and technology to take our creators and players into the metaverse of the future.” 

Temasek and Tencent Holdings Limited join Andreessen Horowitz as new investors participating in the round. Existing investors Altos Ventures, Meritech Capital, and Tiger Global Management all expanded their previous investments in the company. 


You May Also Like


Keen Software House have released update 1.181 for their popular space game Space Engineers. This new update fixes major multithreading issues and performance optimizations....


The latest issue of Famitsu has revealed that Big John Games is developing a new game in their Cube Creator series titled Cube Creator...


In what is one of the holy grails for NES collectors, a Nintendo M8 demo unit has been put up for sale on eBay....


The latest issue of V-Jump has confirmed the first two DLC characters for Dragon Ball FighterZ will be Broly and Bardock. Broly will feature...