Roblox has raised $150 million in a new round of funding aimed at expanding the international growth of its social platform for user-generated games. The valuation of the company was at least $2.5 billion, said a source close to the company.
The San Mateo, California-based company also said it has more than 70 million monthly active users for its Lego-like virtual world where kids and teens can play games that they create. The funding comes from Greylock Partners and Tiger Global Management, as well as existing investors Altos Ventures, Index Ventures, and Meritech Capital Partners. To date, the company has raised $185 million. I guess we have a good idea who the next Minecraft — or the Minecraft Killer — is now.
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