Red Robot Labs Obtains $8,500,000 Series A Round

  • Feed Type
  • 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
  • Venture Investor
    Benchmark Capital
  • Venture Investor
    Shasta Ventures