Discord is a communication platform designed for real-time interaction through voice, video, and text. Users can create customizable servers, build communities, and integrate tools for gaming, education, work, and social groups.
The platform supports rich media features such as streaming, custom emojis, and group activities. With a rapidly expanding user base, Discord serves as a digital hub for creators, communities, and organizations.
What Is Discord and What Does It Do?
Discord, founded in 2012 by Jason Citron and Stanislav Vishnevskiy, is headquartered in San Francisco, United States. The company operates a platform for group communication through voice, video, and text, enabling users to create community spaces with customizable tools and integrations.
Its feature-rich environment includes custom emojis, avatars, activity integrations, and high-quality streaming suitable for gaming, work, education, and entertainment.
Discord employs 937 employees, focusing on delivering safe, powerful, and creative digital communication experiences for global communities of all sizes.
How Much Funding Has Discord Raised?
1. Series G
- Amount Raised: $100M
- Date: June 2020
- Lead Investors: Index Ventures
- Motivation: To enhance infrastructure and improve platform performance amid growing usage.
2. Series H
- Amount Raised: $100M
- Date: December 2020
- Lead Investors: Greenoaks
- Motivation: To expand feature sets and support infrastructure upgrades.
3. Secondary Market
- Amount Raised: $3.3M
- Date: February 2021
- Lead Investors: Sony Interactive Entertainment
- Motivation: To strengthen integrations with PlayStation Network.
4. Series H
- Amount Raised: $500M
- Date: September 2021
- Lead Investors: Dragoneer Investment Group
- Motivation: To broaden user reach and support product expansion beyond gaming..
5. Secondary Market
- Amount Raised: $10.9M
- Date: March 2022
- Motivation: To support ongoing platform development.
Total Funding Raised: $978 Million
Current Valuation: $15 Billion (as of August 2021)
Latest Funding Date: March 2024
Key Investors
1. Dragoneer Investment Group
- Details: San Francisco–based investment firm focusing on high-growth technology companies.
- Investment Focus Areas: Technology, consumer, and healthcare.
- Notable Investments: Airbnb, Uber, Snowflake.
2. Baillie Gifford & Co
- Details: Global investment management firm headquartered in Edinburgh with a strong tech portfolio.
- Investment Focus Areas: Technology, healthcare, consumer goods.
- Notable Investments: Tesla, Amazon, Alibaba.
3. Coatue Management
- Details: Technology-focused global investment firm known for its strategic involvement in high-growth companies.
- Investment Focus Areas: Technology, media, and telecommunications.
- Notable Investments: Snap, ByteDance, DoorDash.
4. Fidelity Management & Research Co.
- Details: Leading multinational financial services corporation with deep exposure to technology investments.
- Investment Focus Areas: Technology, healthcare, and financial services.
- Notable Investments: Google, Facebook, Apple.
5. Franklin Templeton
- Details: Global investment management organization supporting large-scale, long-term investment opportunities.
- Investment Focus Areas: Technology, financial services, and healthcare.
- Notable Investments: Microsoft, Amazon, Alphabet.
Where Is Discord’s Headquarters?
Discord is headquartered in San Francisco, California, an innovation hub rich with engineering talent, AI development, and tech infrastructure, allowing the platform to scale features, partnerships, and global community tools rapidly.
What’s Next for Discord?
Discord is expanding far beyond gaming into education, entertainment, creator communities, and virtual events. The $500M funding round, valued at $15B positions the platform to enhance discovery tools, launch more safety features, and expand integrations with voice, video, and shared activities. As Discord builds its revenue ecosystem, Nitro, server subscriptions, and marketplace tools, it aims to evolve into the world’s most versatile communication platform.
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