Roblox has experienced rapid growth in the three months ended June 30, 2020, September 30, 2020, December 31, 2020, and for a portion of the three months ended March 31, 2020, due in part to the COVID-19pandemic given our users have been online more as a result of global COVID-19 shelter-in-place policies. So far Roblox is not just a game application, it has grown into a human co-experience platform consisting of the Roblox Client, the Roblox Studio, and the Roblox Cloud. The latest funding was raised on from a Series H round, in which sold its shares in a Series H funding round at $45 per share to Altimeter Capital and Dragoneer Investment Group. Funding Rounds of RobloxĪccording to Crunchbase, Roblox has raised a total of $855.7 million by selling nearly 12 million shares at $45 a share in funding over 9 rounds.

The year is 2004 and Baszucki and Erik Cassel founded Roblox with the wish to enable anyone to make Lego-like characters and build rudimentary games.

The story of Roblox began in 1989, Baszucki and Cassel programmed a 2D simulated physics lab called Interactive Physics, which would later on influence the approach for Roblox.

The hot Video game platform Roblox has revived plans to go public and the stocks of the company are expected to start trading on the New York Stock Exchange on or about March 10 according to the regulatory filing of the company.

When is roblox ipo going public