Chat app Discord raises $500 million in new funding

FILE PHOTO: Discord app logo is seen displayed in this illustration taken March 29, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) - 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.

The deal values the company at about $15 billion, Bloomberg News https://www.bloomberg.com/news/articles/2021-09-15/chat-app-discord-is-worth-15-billion-after-new-funding?sref=C6LRZopg had reported earlier. Discord declined to comment on the valuation.