Red Robot Labs Obtains $5,000,000 New Funding

  • Feed Type
  • Date
    4/6/2012
  • 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
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Next Media Animation, an associated company of Next Media Group, plans to build on Red Robot’s proprietary R2 mobile gaming platform, while Red Robot will leverage Next Media’s market expertise to launch Life Is Crime in Asia.
  • M&A Terms
  • Venture Investor
    Next Media Animation