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Discord raises $100 million as its social hub hits 140 million users

Discord raised an additional $ 100 million as the instant messaging app popular with gamers now has 140 million monthly active users. Greenoaks Capital led the financing after Discord previously raised $ 100 million in June to reach a wider range of communities.

Discord also said its user base is roughly double what it was a year ago. The company has raised $ 479.3 million to date. Its investors include Index Ventures, Greylock, IVP and Spark Capital.

“We are humble and honored at the growth we have seen among so many incredible and diverse communities that have made Discord their meeting place,” said CEO Jason Citron in a statement. “Looking ahead to 2021, we are excited to see what we have in store and plan to use these funds to make Discord even better – both for our free service and for our Nitro subscribers.”

Neil Mehta, managing partner at Greenoaks Capital, said in a statement that Discord has become a place where you can hang out with your communities to play video games, exchange recipes, or collaborate on a project. He said his company believes Discord will keep evolving and growing as it finds new ways for people to interact.

Since its inception in 2015, Discord has always had an appeal in its small, living room-like atmosphere, where groups of friends can get together to talk about games. As Discord has grown, it has gone mainstream, offering the opportunity for everyone to chat about great passions – including sports, tabletop games, music, pets, and news. The company employs more than 250 people.

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