Altimeter and Dragoneer Lead $520M Series H Financing of Roblox

January 6, 2021Client News

Gunderson Dettmer represented clients Altimeter and Dragoneer as they co-led the $520 million Series H financing of Roblox, a global online platform bringing people together through play.

In the announcement of the transaction, CEO and co-founder of Roblox David Baszucki said, “We’re thrilled to welcome Altimeter, Dragoneer and the other new investors. We look forward to working with all of them as we continue our mission to build a human co-experience platform that enables shared experience, from play to work, and learning among billions of users.”

The Gunderson deal team was led by Greg Volkmar and Ryan Purcell and included Mark Oblad, Anand Mehta, Janice Lee and Mordechai Hartman.