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The Funded: Two huge deals top Bay Area rounds disclosed at week's end

Jun 22, 2018 - Silicon Valley Business News

Online gaming startup Roblox Corp. is raising up to $150 million in a funding round that could value the San Mateo business at up to $2.4 billion, according to PitchBook Data.

The company has raised more than $100 million since it was launched 13 years ago. Most of that came in a $92 million round early last year that was led by Index Ventures and Meritech Capital Partners.

The company is popular with young people who have created about 15 million games that are played on phones, lap

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