ROBLOX Closes $4M Second Financing Round

ROBLOX, a San Francisco-based company that operates a web gaming site for kids aged seven to 16, closed a $4m second round of venture financing.

Investors include existing shareholders ALTOS Ventures and First Round Capital.

The company intends to use the funds to to expand its community and double its workforce in 2011 (

Led by CEO and Founder David Baszucki, ROBLOX is a massively multi-player 3D game environment with thousands of games that use physics to simulate the real world, and a virtual economy with millions of highly customized characters.



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