Sections

Find out how to kick start your games industry career

Get Your Free Ticket Today

Discord raises $150 million in new funding round

Company now worth $2.05 billion following introduction of game store, subscription service

Discord has announced today that it has raised $150 million in a funding round, bringing its total value up to $2.05 billion.

The funding round was led by private investment firm Greenoaks Capital and supported also by Firstmark, Tencent, IVP, Index Ventures, and Technology Opportunity Partners.

As of April, Discord was valued at $1.65 billion following a $50 million funding round (as reported by the Wall Street Journal)

This funding round comes on the heels of Discord's transition from chat platform to include a games store (with a 90/10 revenue split for developers) and game subscription service, Nitro.

Find out how to kick start your games industry career

Get Your Free Ticket Today

More stories

FIFA doesn't want an exclusive license deal

Longtime EA Sports licensing partner says "it is clear that this needs to be a space that is occupied by more than one party controlling all rights"

By Brendan Sinclair

Steam bans blockchain and NFT games

Age of Rust developer says Valve won't let it publish the game on Steam because NFTs have real-world value

By Brendan Sinclair

Latest comments

Sign in to contribute

Need an account? Register now.