Roblox has been on a tear. It grew from 48 million monthly active users last year to more than 70 million now. And it announced today that it has raised $150 million in a new round of funding from Tiger Global Management and Greylock Partners.
Dave Baszucki, CEO of the San Mateo, California-based company, said the company will use it to grow its international infrastructure to enable even more growth. He said the company is profitable and it has more than 400 employees, up from just 300 at the beginning of the year. And it now has more than 4 million user creators who build games in the blocky virtual world of Roblox. Those creators have built more than 40 million experiences on Roblox, and the company expects to pay them more than $70 million this year.
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