Red Robot Labs Raises $8.5m in Series A Funding

Red Robot Labs, a Palo Alto, California-based location-based mobile gaming start-up, has raised $8.5m in a Series A funding.

The round was led by Benchmark Capital, with participation from Shasta Ventures and existing investors Rick Thompson, co-founder of Playdom, and Chamath Palihapitiya, former Facebook executive.

The company intends to use the funds to accelerate studio growth and development of its R2 location gaming platform, build third party studio partnerships, and deliver games on mobile devices.

In conjunction with the funding, Benchmark’s Mitch Lasky will be joining the company’s board of directors.

Co-founded in January 2011 and led by CEO Mike Ouye and Chamath Palihapitiya, Red Robot Labs recently unveiled its first location-based, massive multiplayer online mobile game, Life Is Crime, in which players collaborate and compete to commit virtual crimes at real locations.

FinSMEs

14/09/2011

One comment

  • Red Robot Labs is entering into the UK market opening offices in London, acquiring independent gaming company Supermono and adding Phil Harrison, General Partner at London Venture Partners and a former executive at Sony Computer Entertainment (SCEI) as a company advisor.

    FinSMEs

    09/12/2011

Join the discussion