Gaming platform Roblox raised $150 million
News : Gaming platform Roblox raised $150 million in a Series G round led by Andreessen Horowitz, at a reported valuation of around $4 billion.
Along with the new funding, the Silicon Valley-based company has a secondary offering of up to $350 million to provide liquidity for early employees and stakeholders.
About Roblox :
Roblox is a massively multiplayer online video game and game creation system that allows users to design their own games and play a wide variety of different types of games created by other users.
The platform hosts user-created games and virtual worlds covering a wide variety of genres, from traditional racing and role-playing games to simulations and obstacle courses.