Roblox Corporation crunchbase12/14/2023 ![]() ![]() The company launched out of Y Combinator in mid-2017. Guilded had raised $10.2 million in venture capital funding to date according to Crunchbase, including a $7 million Series A led by Matrix Partners early last year. The San Mateo-based startup will follow Unity Technologies, another gaming company, in hitting the public markets this year. Earlier this year, the company launched a bot API designed to help nontechnical users build bots that could enrich their gaming communities. Online game platform Roblox filed to go public on Thursday, revealing explosive revenue growth but increasing losses as the COVID-19 pandemic boosted its business. The startup’s product supported hundreds of games, with specific functionality for a handful of titles, including League of Legends, Fortnite, CS: GO and, yes, Roblox. Like Discord, users can have text and voice conversations on the Guilded platform, but Guilded also allowed users to organize communities around events and calendars, with plenty of specific functionality designed around ensuring that tournaments happened seamlessly. The service competes with gaming chat giant Discord, with the team’s founders telling TechCrunch in the past that as Discord’s ambitions had grown beyond the gaming world, its core product was meeting fewer competitive gaming needs. Roblox is using M&A to bulk up its social infrastructure, announcing Monday morning that they had acquired the team at Guilded that has been building a chat platform for competitive gamers. ![]()
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