Roblox Raises $92M to Fuel Growth of Its LEGO-Inspired Virtual Gaming Platform
Roblox, the leading social platform for user-generated games, has secured a massive $92 million in funding to accelerate its vision of becoming the premier destination for immersive, creative play. This investment underscores the platform’s explosive growth and its unique position in the gaming industry.
Why Investors Are Betting Big on Roblox
- 48 million monthly active users engaging with over 22 million online games
- 1.7 million creators building LEGO-style virtual experiences
- Top creators earning up to $50,000/month through the platform’s revenue-sharing model
- 330% year-over-year growth since its 2006 launch
“We’re doubling down on hiring, product development, and platform expansion to empower the imagination of kids worldwide,” said CEO Dave Baszucki in an exclusive interview. “Our cross-platform cloud technology creates unprecedented opportunities for both players and developers.”
Image Credit: Roblox - Virtual creations become physical toys
The Roblox Creator Ecosystem: By the Numbers
- 1.6 billion games played monthly across PC, mobile, and VR
- 1 million concurrent players during peak hours
- 300+ million hours of monthly engagement
- Ranked #3 platform for children aged 6-12 (comScore)
What Makes Roblox Unique?
Unlike traditional gaming platforms, Roblox offers:
- Roblox Studio: Free development tools for creating 3D multiplayer experiences
- Cloud Publishing: One-click deployment to a global audience
- Cross-Platform Play: Seamless gameplay across all devices
- Virtual Economy: Monetization opportunities for creators
“Roblox isn’t just entertainment—it’s a technological platform empowering millions to create,” said Neil Rimer of Index Ventures, one of the lead investors. The funding round also includes Meritech Capital Partners, with both firms gaining observer seats on Roblox’s board.
The Future of User-Generated Gaming
With this new capital, Roblox plans to:
- Enhance its development tools and infrastructure
- Expand its team of top-tier engineers and designers
- Grow its international community of players and creators
- Develop more immersive, realistic experiences
As the platform continues to blur the lines between playing and creating games, Roblox is positioning itself as more than just a compe***** to Minecraft—it’s building an entirely new category of social gaming experience.
Prior to this round, Roblox had raised $10.5 million from Altos Ventures and First Round Capital.
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