According to SiliconRepublic, Patreon has raised $90M in a new funding round. New investors in the company include New Enterprise Associates, Wellington Management and Lone Pine, with participation in the latest round from existing investors such as Glade Brook Capital, Thrive Capital, DFJ Growth and Index Ventures.

Patreon supports artists and content creators by letting fans fund each piece of created content. Patreon lets fans become patrons of their favorite artists and content creators. Unlike other fundraising services that raise for a single big event, Patreon is for content creators who create a stream of smaller works, like youtube musicians, bloggers, comic creators, etc.