(2018-12-21) Gaming Chat Startup Discord Raises150m Surpassing2b Valuation

Gaming live-chat startup Discord raises $150M, surpassing $2B valuation. Discord, the gaming (Computer game) chat startup with more than 200 million active users, announced Friday that it had secured $150 million in funding at a $2.05 billion valuation.

The influx of new money comes as the chat startup goes full speed ahead on one of its most ambitious offshoots to date, taking on games giant Valve Software with a gaming store meant to rival the ubiquitous Steam store. The company launched a global beta of the Discord Store in October; they recently announced that starting in 2019, they will be establishing a revenue split of 90/10 for developers that are self-publishing titles on the store, a margin much friendlier to indie devs than the 70/30 split on Steam.