Discord was publicly released in May 2015.[14] According to Citron, the only area that they pushed Discord into was for the Reddit communities, finding that many subreddit forums were replacing IRC servers with Discord ones.[15] Discord became popular among esports and LAN tournament gamers, and other Twitch streamers.[16]
The company raised an additional US$20 million in funding for the software in January 2016.[17] This included an investment from American multinational mass media and entertainment conglomerate WarnerMedia. In 2019 they sold their share after WarnerMedia Investment Group was shut down following the AT&T acquisition.[18][19]
In December 2018 the company announced it raised $150 million in funding at a $2 billion valuation. The round was led by Greenoaks Capital with participation from Firstmark, Tencent, IVP, Index Ventures and Technology Opportunity Partners.[20]
