Robox has grown to be a large company. Now, this online gaming platform becomes one of the best online gaming platform in the world. Even now, Roblox has about 70 million active players per month and this is an amazing number.
Roblox has a mission where they want to bring the world together through play. They also permit people to be able to imagine, create and have fun with friends when they explore millions of immersive 3D experiences and the most important thing is all built by a global community of developers. This online gaming platform is powered by a global community of more than two million developers who generate their own immersive multiplayer experiences each month using Roblox Studio which is an intuitive desktop design tool.
Now, Roblox becomes one of the top online entertainment platforms for audiences under the age of 18 based on average monthly visits and time spent (Comscore). The fame of Roblox is driven purely by the community with more than 36 million people signing up through word of mouth every month. If you check now on Roblox site, until now it is known that Roblox has about 28 billion hours played since 2008, 1.2 billion total engagement hours each month, 2.7 million peak concurrent users, and also 150 million dollars paid to the community developers.
Because of this success, a lot of people want to know about Roblox Corp Stock. Based on Investopedia, Stock can be defined as a type of security that signifies proportionate ownership in the issuing corporation. It entitles the stockholder to that proportion of the assets and earnings of the corporation. To know the details of Roblox Stock, you are able to check the site of sharepost.com. In that site, you are able to view the enterprise value based on primary fundings from 2005 to 2018. Based on equityzen.com, it is known that the total funding of Roblox is about $186 million. In that site, you will also be able to see the funding history like this.
Funding History
- January 2005 — $560,000
- August 2006 — $1,069,998
- February 2008 — $2,934,947
- July 2009 — $2,175,176
- May 2011 — $4,170,182
- January 2017 — $25,000,004
- June 2018 — $149,999,985
Investor Track Record
First Round Capital
Flexport, Fab, Earnest, Clover Health, Boxed, Looker, Warby Parker, LendingHome, AppNexus, Blue Apron
Index Ventures
Slack, Pure Storage, Deliveroo, Robinhood, Lookout, Funding Circle, Farfetch, Metromile, Sonos, Etsy
Altos Ventures
Memebox Corporation, Demandbase, Outdoorsy, BrightEdge, PandaDoc
Meritech Capital Partners
Box, Domo, Cloudera, Prosper, MuleSoft, Segment, UiPath, Lynda.com, ForeScout Technologies, Looker
Until now, Roblox has raised $150 million at a valuation of more than $2.5 billion. The CEO of Roblox, David Baszucki states that the money will go into helping develop Roblox into what he calls a new form of ‘human co-experience’. This online gaming platform is often compared to Minecraft which is the international phenomenon that Microsoft bought in 2014. The fundraising seems to be done only to accelerate the comparisons $2.5 billion is both new valuation of Roblox and the amount that Micosoft paid for Mojang, the studio behind Minecraft.
