Who Owns Roblox?
Roblox is a popular online platform that allows users to create and play a wide variety of games. But have you ever wondered who owns this massive online community? In this article, we’ll dive into the history of Roblox and reveal who owns the company.
The Founders
Roblox was founded in 2004 by David Baszucki and Erik Cassel, two software developers who met while working at a company called Knowledge Adventure. Baszucki, also known as "Builderman," was the CEO of Roblox, while Cassel was the Chief Technology Officer (CTO). The two founders had a vision to create a platform that would allow users to create and play their own games, and they started working on Roblox in 2003.
Early Years
Roblox was initially launched as a beta version in 2004, and it quickly gained popularity among children and teenagers. The platform allowed users to create their own games using a drag-and-drop game development tool called "Roblox Studio." Users could also play games created by others, and the platform quickly grew into a massive online community.
Acquisitions and Funding
In 2007, Roblox raised $10 million in funding from investors, including the venture capital firm, Matrix Partners. This funding helped the company to expand its team and improve its platform. In 2012, Roblox raised an additional $40 million in funding, which brought the company’s total funding to $50 million.
In 2019, Roblox went through a major transformation when it merged with a company called Buckle. Buckle was a mobile gaming company that specialized in creating games for children. The merger allowed Roblox to expand its reach into the mobile gaming market and to create new games for its users.
Who Owns Roblox Today?
So, who owns Roblox today? The answer is Village Global, a venture capital firm that specializes in investing in early-stage companies. Village Global acquired Roblox in 2020, and the company has since become one of the most popular online platforms for children and teenagers.
Key Statistics
Here are some key statistics about Roblox:
| Statistic | Value |
|---|---|
| Number of Users | 100 million+ |
| Number of Games | 20 million+ |
| Daily Active Users | 50 million+ |
| Revenue | $1 billion+ (2020) |
Frequently Asked Questions
Here are some frequently asked questions about Roblox:
Q: Is Roblox a publicly traded company?
A: No, Roblox is a private company owned by Village Global.
Q: Who is the CEO of Roblox?
A: The CEO of Roblox is David Baszucki, who is also the co-founder of the company.
Q: How many employees does Roblox have?
A: Roblox has over 1,000 employees worldwide.
Q: What is the average age of Roblox users?
A: The average age of Roblox users is 16 years old.
Q: Can I make money on Roblox?
A: Yes, users can make money on Roblox by creating and selling their own games, as well as by earning virtual currency called "Robux."
Q: Is Roblox safe for kids?
A: Yes, Roblox has a number of safety features in place to protect its users, including parental controls and moderation tools.
Q: Can I play Roblox games on my mobile device?
A: Yes, Roblox games can be played on mobile devices, as well as on PC and Xbox.
Q: Is Roblox available in multiple languages?
A: Yes, Roblox is available in multiple languages, including English, Spanish, French, and many others.
Conclusion
Roblox is a popular online platform that allows users to create and play a wide variety of games. The company was founded in 2004 by David Baszucki and Erik Cassel, and it has since become one of the most popular online platforms for children and teenagers. Today, Roblox is owned by Village Global, a venture capital firm that specializes in investing in early-stage companies. With over 100 million users worldwide, Roblox is a major player in the online gaming industry, and it continues to grow and evolve with new features and games being added all the time.