Chat platform Discord has raised $500 million
in a new funding round led by investment firm Dragoneer Investment Group, a
company spokesperson said on Wednesday.
The deal values the company at about $15
billion, reported Bloomberg News. Discord declined to comment on the valuation.
Baillie Gifford & Co, Coatue Management,
Fidelity Management & Research Co and Franklin Templeton also participated
in the financing, alongside existing investors, the Discord spokesperson said.
Discord grew at a lightning pace during the
COVID-19 pandemic and was first used by videogamers, though the app has now
expanded across communities and for events ranging from comedy clubs to karaoke
parties.
Reuters reported earlier this year that
Microsoft was in talks to buy Discord for more than $10 billion, with the talks
ending in April.
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