Chat app Discord raises $500 million in new funding
The Hindu
Discord grew at a lightning pace during the COVID-19 pandemic and was first used by video gamers, though the app has now expanded across communities and for events ranging from comedy clubs to karaoke parties.
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.
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The deal values the company at about $15 billion, Bloomberg News had reported earlier. Discord declined to comment on the valuation.
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