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Discord Secures $500 Million in Funding to Accelerate Growth and Build Belonging

Recently funded · $500.0MSocial Media

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In a bold move to further enhance user experience and expand its capabilities, Discord has successfully raised an impressive $500 million in its latest funding round. Founded in 2015 as a platform for voice, video, and text communications, Discord has grown to become a vital hub for friends and communities to connect and explore shared interests. With a staggering 150 million monthly users actively engaging within 19 million unique communities, known as servers, Discord stands as one of the most popular communication services across the globe. Distinctively, the company has maintained its commitment to user privacy by avoiding advertisements and not selling user data, instead offering a premium subscription service, Discord Nitro, which provides additional perks like higher quality streaming and engaging customizations for its users. This latest influx of capital is poised to fuel the next phase of Discord's evolution, enabling the company to innovate further and enhance functionalities that foster community engagement and connection. With this funding, Discord aims to invest in new features, improve infrastructure, and explore additional ways to better serve its vibrant user base. As Discord continues to attract diverse groups, from artists and activists to study groups and hobbyists, a variety of exciting opportunities are on the horizon. And speaking of opportunities, Discord is also looking to expand its team! If you're passionate about building a sense of belonging and community, check out exciting career openings at Discord: https://discordapp.com/jobs.

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