Guilded Is A Discord Competitor

Roblox announced Monday that it acquired Guilded, a company building a chat platform for gamers. While Discord has grown beyond the competitive gaming world, Guilded has stayed focussed on it and added features such as events planning and calendars.


Dedicated Chat Platform

The platform supports hundreds of games and had built specific functionalities for titles as League of Legends, Fortnite and Roblox. The company raised $ 10.2m in venture capital to date and it launched out of Y Combinator in 2017.

The terms of the deal with Roblox weren't disclosed but the company will continue to operate as an independent company going forward.

"We're going to continue to take on ambitious projects, because we have an ambitious mission: to build the world's best communication platform for you and your communities. Roblox believes in our team and in our mission, and we're going to continue to operate as an independent product in order to achieve it."


Disclaimer

Please note that this article does not constitute investment advice in any form. This article is not a research report and is not intended to serve as the basis for any investment decision. All investments involve risk and the past performance of a security or financial product does not guarantee future returns. Investors have to conduct their own research before conducting any transaction. There is always the risk of losing parts or all of your money when you invest in securities or other financial products.

Credits

Photo by Lorenzo Herrera on Unsplash.

Original reporting by TechCrunch.