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Roblox lands $92m in funding

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Gamesindustry.biz reports: “Roblox Corporation, which operates the user-generated online gaming platform geared towards kids, today announced a significant funding round worth $92 million. The financing was led by Meritech Capital Partners (which has invested in Snapchat and Facebook) and Index Ventures (investors in King and Supercell). The investment deal includes Meritech’s Managing Director Craig Sherman and Index Ventures’ Co-founder and Partner Neil Rimer taking observer seats on the Roblox board.”

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