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Unity is looking to raise $125 million in additional funding

Unity is seeking $125 million in additional funding, its first funding round since 2017.

Unity is seeking $125 million in additional funding, according to stock authorization filings picked up by TechCrunch.

Those filings say that the company is looking to raise as much as $125 million in Series E funding at a valuation of $5.96 billion. Unity has since confirmed to TechCrunch that those documents are accurate as well.

The company’s last big funding round occurred in 2017 when it secured a $400 million investment from Silver Lake Partners to, at least partially, allow employees and early shareholders to cash out shares.

More recently, rumors have been circulating that Unity is considering an IPO in 2020, though the company has yet to confirm or deny those reports.

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