The Tencent and Time Warner-backed developer of a game-based messaging platform with more than 87 million users, is now valued at $1.65bn.

Discord, the US-based messaging platform backed by internet company Tencent and media group Time Warner, has raised $50m in funding round from undisclosed investors, Cheddar reported yesterday.

The company was valued at $1.65bn in the round according to a Delaware filing cited by Cheddar that was confirmed by a company spokesperson. It last raised funding at a $725m pre-money valuation, in a $50m round in June 2017.

Founded in 2012 as game developer Phoenix Guild, Discord pivoted in 2015…