Discord, an online chat and voice communication platform designed for creating communities, has raised $100 million in its latest H round of funding led by Greenoaks Capital. The platform reached 140 million monthly active users (MAUs), double the number it had a year ago, the media reported.
Post this funding, the startup is valued at $7 billion, according to a report in TechCrunch. Existing investors that participated in the round include Greylock, IVP, Spark Capital, Tencent and Benchmark.
‘We are humbled and honoured by the growth we’ve seen among so many incredible and diverse communities that have made Discord their place to hang out,’ Discord co-founder and CEO Jason Citron said in a statement.
‘With an extra $140 million, the total amount raised by the startup would stand at $420 million,’ the report said.
Microsoft announced in April 2018 that it will provide Discord support for Xbox Live users, allowing them to link their Discord and Xbox Live accounts so that they can connect with their Xbox Live friends list through Discord.
In December 2018, the company announced it raised $150 million in funding at a $2 billion valuation. The startup was founded by Jason Citron and Stanislav Vishnevskiy.
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