The chess players seem to be worth billions.
dispute, A start-up video game company with more than 200 million active users, announced Friday it had secured $ 150 million in funding with a valuation of $ 2.05 billion. The tour was led by Greenoaks Capital with Firstmark, Tencent, IVP, Index Ventures and Technology Opportunity partners.
The company announced in April that it had raised $ 50 million in $ 1.65 billion in funding. With this last bout of criticism, dispute It has now withdrawn more than $ 280 million from funding.
The influx of new funds comes as IM is starting to move as fast as possible in one of its most ambitious branches to date, with giant Valve games taking on a gaming store to compete with the Steam shop everywhere. The company launched a global trial version of the Discord Store in October. They recently announced that, starting in 2019, they will create a revenue division of 90/10 for developers who are self-publishing titles in the store, a much clearer margin of equity compared to 70/30 in Steam.
Your company's bread and butter service is still a chat service that combines voice and text communication for players looking to talk to their colleagues and fellow enthusiasts while playing and away. Discord is not the only service that provides this capability, but it is certainly one of the most popular services with hundreds of millions of users visiting the app every month.
We chatted with Jason Citron CEO at the latest Disrupt SF event, talking about the opportunities in the online gaming sales market and the challenges that the company faced in the future.