Roblox Corp., a video game hub that says it will pay $70 million to developers this year, reportedly doubled its valuation in a $150 million funding round it disclosed on Wednesday. The San Mateo company hosts 40 million games that were made by its base of mostly young developers, some of whom say they have become millionaires from it. The revenue comes when users buy in-game perks such as virtual weapons upgrades. The Series F funding led by Greylock Partners and Tiger Global Management came at…
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San Mateo video game unicorn’s valuation doubles in $150M funding
