Andreessen Horowitz leads Roblox’s Series G funding
Gunderson Dettmer client Andreessen Horowitz led the Series G investment in Roblox, an online game platform. The funding totaled $150 million and included participation from Temasek, Tencent, Tiger Global, Altos Ventures and Meritech Capital.
In the announcement of the transaction, Roblox’s CEO and Co-founder David Baszucki said, “We've stayed true to our vision of creating a safe and civil place where people come together to create, learn, and have fun, and it's amazing to see what we've built together with our global creator community. Looking ahead, we're doubling down on our commitment to building the most advanced tools and technology to take our creators and players into the metaverse of the future."
The Gunderson Dettmer deal team was led by Joseph Raffetto and included Stephanie Lane, Tom Villeneuve, Jessica Verran-Lingard and Jie Wang.