When pressed for comment TechCrunch’s report, Discord confirmed to us that it had raised a funding round earlier this year, and provided this statement from CEO Jason Citron: And earlier backers - including Spark Capital, Greylock Partners and Benchmark - participated. Institutional Venture Partners also chipped in a significant amount. Index Ventures is said to have led the roughly $50 million funding round, which quietly took place in January at a pre-money valuation of $725 million, according to our sources. Now Discord is aiming to become the communication layer for gaming, recently closing a competitive financing toward that end. In fact, San Francisco-based Discord has 45 million registered users on its platform, quadrupling from a year ago, with 9 million daily actives. After pivoting to a voice and text chat tool for video game teams and trash talkers in 2015, Discord’s current trajectory makes it one of few consumer-facing companies that’s now reaching “escape velocity,” as one of its early investors gushes. Additional information can be found here at About Us.It’s been a rocky road to glory for Discord, a startup whose iPad battle arena game, “Fates Forever,” earned it a top spot at our 2013 TechCrunch Disrupt show, but wound up flopping with users.
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All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. The content herein, unless otherwise known to be public domain, are Copyright 1995-2022 - Space Media Network. Solar system's most distant planetoid confirmed SwRI scientists image a bright meteoroid explosion in Jupiter's atmosphere Juno reveals dark origins of one of Jupiter's grand light shows It has also been used by US conspiracy and white supremacist movements after some were banned from mainstream social media platforms due to election-related violence. Use of Discord has soared during the pandemic, as people turn to the internet to stay connected while keeping their distance to reduce chances of exposure to Covid-19. San Francisco-based platform launched some six years ago for video game fans to communicate on while playing, but has since become a venue where friends get together to chat, virtually watch films or even work. Tech giant Microsoft was billed in US media reports as the top contender to buy Discord, which is already a communication service commonly used by lovers of its Xbox video games. VentureBeat cited unnamed sources familiar with the matter as saying Discord has seen interest from potential suitors. Interest from potential buyers prompted Discord to consider it options, according to tech news website VentureBeat.ĭiscord told AFP it does not comment on "rumors or speculation." The US-based Discord chat platform popular with video game players is exploring offering itself for sale for more than $10 billion, reports said Tuesday.
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