Warner Music Group contributed to a series H round that pushed the valuation of the game creation platform developer from $4bn to $29.5bn in under a year.
US-based game development platform Roblox raised $520m yesterday in a series H round that included entertainment provider Warner Music Group, valuing it at $29.5bn.
Investment firms Altimeter Capital and Dragoneer Investment Group co-led the round, which also featured Investment Group of Santa Barbara.
Roblox is the creator of an online platform that allows users to build their own games and then share them with others. The platform has more than 31 million active users as of September 2020 and the…
