- Roblox, a global online platform bringing people together through play, raised $520m in Series H funding at a purchase price of $45.00 per share
- The round was led by Altimeter Capital and Dragoneer Investment Group
- The Investment Group of Santa Barbara and Warner Music Group, along with several current investors, also participated in this round
- The Series H funding values the company at $29.5 billion
- The proceeds from the financing will advance the company’s growth initiatives
- Roblox provides a human co-experience platform that enables shared experiences among billions of users
Roblox: Raises $520M in Series H Funding
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