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Discord grew at a lightning tempo throughout the COVID-19 pandemic and was first utilized by video avid gamers, although the app has now expanded throughout communities and for occasions starting from comedy golf equipment to karaoke events.
Chat platform Discord has raised $500 million in a brand new funding spherical led by funding agency Dragoneer Funding Group, an organization spokesperson stated on Wednesday.
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The deal values the corporate at about $15 billion, Bloomberg Information had reported earlier. Discord declined to touch upon the valuation.
Baillie Gifford & Co, Coatue Administration, Constancy Administration & Analysis Co and Franklin Templeton additionally participated within the financing, alongside current traders, the Discord spokesperson stated.
Additionally Learn | PlayStation and Discord to associate for social gaming
Discord grew at a lightning tempo throughout the COVID-19 pandemic and was first utilized by video avid gamers, although the app has now expanded throughout communities and for occasions starting from comedy golf equipment to karaoke events.
Reuters reported earlier this yr that Microsoft was in talks to purchase Discord for greater than $10 billion, with the talks ending in April.
Supply- thehindu