Roblox Secures $92 Million in Funding

JazwaresRobloxRoblox announced the closing of a $92 million investment, which will be put toward enhancing the platform’s infrastructure and recruiting talent. The new funding follows the company’s rebranding and an online to offline expansion with a first-ever user-generated toy line from Jazwares.

The Roblox and Jazwares toy line will feature popular user-generated characters. The line is available at Toys “R” Us, additional retailers, and online at www.roblox.com and www.jazwares.com. The deal marks the beginning of an offline strategy that will bring Roblox to retail.

Roblox Hits Milestone 1.7 Million Independent Creators

roblox logoRoblox, a social platform with more than 48 million monthly active players and 22 million online games, reached 1.7 million game creators. The number marks an increase of more than two times the amount of game creators on the platform from this time last year. [Read more...]