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.

Roblox’s mission is to power the imaginations of millions of people around the world through play.

Roblox was founded in 2006 by David Baszucki. The company is headquartered in San Mateo, California.

Roblox enables anyone to imagine, create, and have fun with friends as they explore millions of immersive 3D experiences, all built by a global community of developers.

Roblox’s Imagination Platform is ushering in the next generation of entertainment, enabling kids of all ages to imagine, create, and play together in immersive 3D worlds.

 

Roblox offers a platform for its developers to build upon, similar to the App Store. Many of its most popular games are free, instead monetizing as players spend on in-game items using virtual cash called Robux. Some of its largest games average over 10 million users monthly. Over 10 games have seen more than 1 billion visits.

 

Roblox is backed by Andreessen Horowitz, Temasek, Tencent Holdings Limited, Altos Ventures, Meritech Capital, Tiger Global Management and others. The company raised $150M in a Series G round on Feb 26, 2020, giving the company a post-money valuation of $4B. Roblox was previously valued at $2.5B in 2018. The new round brings the total amoun raised by Roblox to $335.7M to date.

 

Roblox has been named one of America’s Fastest-Growing Private Companies on the Inc. 5000 for the past two consecutive years. comScore ranked Roblox as one of the top online entertainment platforms for audiences under the age of 18 based on average monthly visits and time spent.

 

 

  • Year founded: 2006
  • Funding Info: $335.7M over 8 Rounds (Latest Funding Type: Series G)
  • Yearly Revenue: $700M-$1B (2019)
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $4B as of Feb 26, 2020
  • City/Town: San Mateo
  • State: California
  • Country: United States
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