Around the Net

Virtual Gamer Roblox Raises $92M

Virtual gaming company Roblox just raised $92 million, Fast Company reports. “Roblox, which makes money from commissions it takes on the micro-transactions conducted on the platform, previously raised $10.5 million in funding in 2011,” FC notes. “The company, which has 163 employees, has not disclosed last year’s financials, but in 2015, revenues amounted to $52.3 million.”

Read the whole story at Fast Company »

Next story loading loading..