By Somesh Dash and Alex Lim
Last week, Discord confirmed media reports that it recently raised a new round of growth financing, and we are pleased to announce today that IVP served as the lead investor in the financing.
It's no secret that Discord is one of the most exciting private consumer Internet companies out there today. It's our belief that Discord has a very good shot at being one of the iconic consumer companies of the next decade (and hopefully beyond!).
IVP is a leading later-stage venture capital firm based in Menlo Park, CA. We have been incredibly fortunate to be early backers of several game-changing consumer Internet companies, including Coinbase, Dropbox, Snap, Supercell, and Twitter. Just as these companies transformed their respective markets, we believe Discord has the potential to transform the gaming industry. Here is why we invested:
Passion for Gaming: True greatness emerges when mission-driven founders innovate around massive market opportunities. Jason Citron, CEO of Discord, is a life-long gamer and serial entrepreneur. He has also assembled a talented team who are all truly passionate about Discord's mission of bringing people together around games. We rarely see a team so dedicated, focused, and driven to change the market they serve. When we do find them, we focus our efforts on how to help them unlock their ultimate potential.
Users
Discord: Discord's voice, video, and text chat platform is built for the specific needs of gamers. Discord's easy-to-use core product is 100% free and jam-packed with features like crystal-clear voice chat, robust security, screen sharing, game integrations, and sweet tunes. Users love the product, and as a result, Discord's engagement metrics are amongst the best we have ever seen.
Breakneck Speed: At IVP we focus on companies in the hyper-growth stage and Discord is scaling and growing incredibly fast. Users are joining at an astonishing rate, and the company recently announced they had reached over 90M registered accounts less than three years after launch. We believe in a future where every gamer uses Discord every time they play.
Gaming Goes Mainstream: Thanks to the growth of online multiplayer games, mobile gaming, and new ways to create and share video content, games have become a $100BN industry and a core part of popular culture. A recent example: last month, the rapper Drake joined up with super-streamer Ninja for a casual game session and over 600,000 people tuned in live to watch them play! And before you ask, of course, they used Discord to chat!
A Bright Future: Like other successful messaging platforms, Discord benefits from strong network effects. Initially, it was small groups of friends chatting on Discord. Now, game developers and publishers, esports teams, online communities, and international influencers are building and engaging with massive audiences on Discord. We don't see this momentum slowing down, and with partnerships like the recently announced deal with Microsoft Xbox, we think Discord can expand its reach and become a global hub for gaming.
Great Co-investors: Discord's current investors include Benchmark, Greylock, Index, and Spark, which are some of the top venture capital firms in the world. We had the privilege of co-investing with these firms previously in some of our most successful investments and are delighted to collaborate with them again on Discord.
Because They Let Us: When Discord decided to raise a new financing round, IVP was one of a few firms considered as a potential lead investor. Discord is already a massive success, so we are thankful for the opportunity to partner with the company. Thank you to Jason, his team, and the Discord Board of Directors for choosing IVP. We look forward to working together in the years to come. Game on!
Somesh Dash is a General Partner at IVP, a later-stage venture capital firm based in Menlo Park, CA. Alex Lim is a Senior Associate at IVP.
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
01/06/2026
January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026
Throughout the week, Dolby brings to life the latest innovatio...
02/05/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
01/05/2026
January 5 2026, 18:30 (PST) NBCUniversal's Peacock to Be First Streamer to ...
01/04/2026
January 4 2026, 18:00 (PST) DOLBY AND DOUYIN EMPOWER THE NEXT GENERATON OF CREATORS WITH DOLBY VISION
Douyin Users Can Now Create And Share Videos With Stun...
04/03/2026
Lega Basket Serie A (LBA), the governing body for Italy's premier basketball...
04/03/2026
Wrexham AFC co-chairmen Rob Mac and Ryan Reynolds will host a first-of-its-kind ...
04/03/2026
The countdown is underway and with just 100 days to go until the world's greatest sporting event begins on Thurs., June 11, FOX Sports, America's Englis...
04/03/2026
No matter where they are in the world, service members and veterans can stream N...
04/03/2026
Telemundo officially releases Somos M s, the anthem for the network's cove...
04/03/2026
The Hollywood Professional Association (HPA) concluded the 2026 HPA Tech Retreat, convening more than 800 industry leaders, technologists, creatives, and execut...
04/03/2026
Smith Entertainment Group transformed how local sports are consumed by creating ...
04/03/2026
The production method, which spans a distance of 36.2 miles, was designed and im...
04/03/2026
Haivision, a global provider of mission-critical, real-time video networking and...
04/03/2026
When Hugues Meyrath came out of retirement to take the helm as CEO of Quantum, i...
04/03/2026
Last week's launch of Banana Ball Championship League has spurred a significant upgrade of production facilities
The Savannah Bananas, arguably the hottest...
04/03/2026
sldkfjsdlfkjsldkfjsldkjfslkdjfslkdjfsl
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus...
04/03/2026
For many fans, a song's backstory can be just as compelling as the final pro...
04/03/2026
In 2006, Spotify was founded on the belief that technology could bring artists a...
04/03/2026
Spotify is back on the ground for the Houston Livestock Show and Rodeo, and we&#...
04/03/2026
Spotify had an energizing week in Sydney, Australia, filled with powerful conver...
04/03/2026
Earlier this year, we launched Directed By, a documentary-style series that pull...
04/03/2026
100 Days to Go: SBS Unveils World Class Team for The Greatest Show on Earth -The...
04/03/2026
KT and Rohde & Schwarz to showcase AI-enhanced radio transmission performance In a joint 6G AI proof-of-concept demonstration, the CMX500 one-box tester from ...
04/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/03/2026
Luxembourg, 3 March 2026 - SES S.A. has today published its 2025 Annual Report, following the announcement of the company's full year financial results for ...
04/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/03/2026
Luxembourg, March 3, 2026 - SES, a leading space solutions company, along with I...
04/03/2026
04 Mar 2026
VEON Partners with GSMA Innovation Fund to Accelerate Digital Innov...
04/03/2026
04 Mar 2026
VEON's Beeline Uzbekistan and Rakuten Symphony Partner for Open...
04/03/2026
Wednesday 4 March 2026
Sky Sports unveils plans for 2026 Formula 1 coverage
Sky Sports is preparing for one of the most highly anticipated F1 seasons in recen...
04/03/2026
Back to All News
Bloodhounds' Season 2 Gears Up for April 3 Premiere with ...
04/03/2026
Back to All News
Netflix Ads Suite Expands Capabilities
Business
04 March 2026
GlobalUnited States
Link copied to clipboard
After launching the Netflix Ad...
04/03/2026
Scripps Research welcomes healthcare innovator Joe Kiani to the Board of Directors Kiani brings decades of experience in patient safety and public service.
Mar...
04/03/2026
Nanoparticle vaccine approach takes on a new target: Hepatitis C virus Scripps Research scientists reengineer critical proteins on the surface of HCV, paving th...
03/03/2026
Beyond Sports, a Sony group company, and LIV Golf, the world's golf league, ...
03/03/2026
Ilitch Sports + Entertainment announces the launch of Detroit SportsNet (DSN), a year-round broadcast home for two of Detroit's franchises. With flexible op...
03/03/2026
Advanced Systems Group, LLC (ASG), a technology and services provider for media ...
03/03/2026
The PGA of America, NBC Sports and USA Sports extend their media rights agreemen...
03/03/2026
AI device ecosystem company HONOR enters into a strategic technical collaboratio...
03/03/2026
Cleveland's Telos Alliance, pioneers in broadcast technology for 30 years, l...
03/03/2026
The MD 9235 microphone head for wireless handhelds has been a firm favorite with many engineers and artists for its ability to cut through high on-stage levels ...
03/03/2026
Haivision Systems Inc. (Haivision), a global provider of mission-critical, real-...
03/03/2026
Broadcast Management Group (BMG) announces the expansion of its 62,000-square-fo...
03/03/2026
Maroon 5's musical tour in 2025 marked a leap forward in live audio as Monitor Engineer Dave Rupsch utilized Sennheiser's all-digital Spectera wireless ...
03/03/2026
Designed specifically for pro basketball, the renovated space at Gainbridge Fiel...
03/03/2026
As part of the move, former CEO Phillipp Lawo joins the broadcast-tech provider's Supervisory Board
Lawo has announced appointment of Jamie Dunn as chief e...
03/03/2026
A team of legendary announcers and analysts and a classic graphics look will bring the past to life
NBC Sports and Peacock will return to yesteryear for tonigh...
By Somesh Dash and Alex Lim
