Red Robot Labs Obtains $8,500,000 Series A Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b02d9a79-e640-4428-a147-e14eff64ed53&Preview=1 -
Date
9/15/2011 -
Company Name
Red Robot Labs -
Mailing Address
2251 Yale St Palo Alto, CA 94306 -
Company Description
Red Robot Labs is a mobile gaming start-up located in Palo Alto, California. The company was founded in January 2011 by a team of industry veterans who are passionate about creating innovative, highly polished mobile-social games. -
Website
http://www.redrobotlabs.com -
Transaction Type
Venture Equity -
Transaction Amount
$8,500,000 -
Transaction Round
Series A -
Proceeds Purposes
The company will use the financing to accelerate studio growth, propel development of their R2 location gaming platform, build third party studio partnerships, and deliver the most sophisticated and engaging games for mobile devices. -
M&A Terms
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Venture Investor
Benchmark Capital -
Venture Investor
Shasta Ventures
