Clubhouse said to be in talks to raise funds at $4 billion valuation

Bengaluru: Social audio app Clubhouse is in discussions to boost funds at a valuation of about $4 billion, Bloomberg News
reported on Tuesday, citing folks conversant in the matter.

Clubhouse didn’t instantly reply to a Reuters request for remark.

The San Francisco-based firm, whose app permits folks to debate various matters in audio chatrooms, has seen its reputation surge after appearances by billionaires Elon Musk and Mark Zuckerberg.

The success of the invite-only, year-old platform, which just lately reported 10 million weekly lively customers, has demonstrated the potential of audio chat providers, significantly as folks keep inside properties because of the Covid-19 pandemic.