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New Deal


Announced

Completed

Altimeter Capital and Dragoneer led a $520m Series H funding round in Roblox.

Financials

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Transaction Value£381m
Consideration TypeCash
Capital Owned-
Capital Bid For2%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Gaming

virtual reality

computer graphics

games development

computer games

United States

Minority

Private Equity

Friendly

Private

Venture Capital

Acquisition

Domestic

Completed

Synopsis

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Altimeter Capital and Dragoneer Investment Group, two investment firms, led a $520m Series H funding round in Roblox, a global online platform, valuing the company at $29.5bn. The round was joined by The Investment Group of Santa Barbara and Warner Music Group. “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," David Baszucki, Roblox CEO and Co-Founder.

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