附近上门

Gaming platform raised $150 million in a Series G round led by 鈥檚 (a16z) Late-Stage Venture Fund.

Subscribe to the 附近上门 Daily

The new round, which included participation from new investors and , brings Roblox鈥檚 total funding to more than $335 million, according to CrunchBase data.

Roblox recently reached 115 million monthly active users and more than 1.5 billion hours of monthly engagement.

鈥淚f early-stage venture is about asking 鈥榃hat if it works?鈥�, later-stage venture is about asking and assessing, 鈥業s it working?鈥�,鈥� a16z general partners and wrote in a on the firm鈥檚 website. 鈥淲ith largely organic user sign-ups, highly recurring purchase behavior, a high margin structure for the platform, and a super strong value proposition for users (who derive hours of entertainment at a lower cost than they can find elsewhere), Roblox is cash flow positive. Roblox is working.”

Along with the new funding, Roblox has a secondary offering of up to $350 million to provide liquidity for early employees and stakeholders, according to a statement from the company. The company is now valued at $4 billion, according to .

Roblox last raised money in July 2018, when it pulled $150 million for its Series F, according to 附近上门. Its other investors include , and .

Illustration: .