The company secured a $82 million investment in March 2017 through a round of funding led by Meritech Capital Partners and Index Ventures. In December 2013, Roblox Corporation had 68 employees, which it raised to 163 by December 2016. Ĭassel died from cancer on February 11, 2013. The game's name was changed to Roblox in 2005, and the game was formally released on September 1, 2006. Working from an office in Menlo Park, California, they began preliminary work on the video game DynaBlocks, which was launched in a beta state later that year. He and Cassel founded Roblox Corporation in 2004. Baszucki was the company's vice president and general manager from 2000 until 2002, when he left MSC Software to establish Baszucki & Associates, an angel investment firm. The company was eventually purchased in December 1998 for US$20 million by MSC Software, where Baszucki and Cassel obtained senior positions. Knowledge Revolution followed this up with Working Model, which simulated mechanical devices. That year, through the company, he and Cassel developed Interactive Physics, a 2D physics simulation. Baszucki had previously founded Knowledge Revolution, an educational software company, in 1989. Roblox Corporation was founded by David Baszucki and Erik Cassel. History Roblox Corporation's co-founder and CEO, David Baszucki, in 2018 As of December 31, 2022, the company employs over 2,100 people. Founded in 2004 by David Baszucki and Erik Cassel, the company is the developer of Roblox, which was released in 2006. Roblox Corporation is an American video game developer based in San Mateo, California.
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