Red 5 Studios Raises $18.5 Million

  • Posted By:
  • 0 Comments... What do you have to say?


Why are founders Mark Kern, and William Petras smiling?

Red 5 Studios has just raised $18.5 Million in funding recently.

What does Red 5 Studios do?

Red 5 Studios creates massively multiplayer games.

Who Invested?

Benchmark Capital and Sierra Ventures have invested in Red 5 Studio’s Series-A round of funding with $18.5 million.

What will they use this funding for?

Red 5 Studios will use the funds for growth in an effort to become the leading studio for creative, original MMO games for the international mass market.

VCU says:
Online multiplayer gaming is a rapidly expanding sector. With more and more people willing to spend on broadband connections to get a better and higher quality online gaming experience in the company of their friends or just complete strangers, Red 5 has tapped a ripe market.

According to the Red 5 head, the company is a “creative Mecca for the world’s best game development talent to realize their own vision.” The company’s uniquely talented development team is focused on creating the most exciting massively multiplayer titles for a global audience.

These dynamic virtual games are next-generation, massively multiplayer games. True to the company’s mission, the games created by Red 5 are the best online games in the market and fun to play. Based on original stories and themes, the games have a world-wide audience.

See their site here.

Read more about Mark Kern here.

Read more about William Petras here.

Read more about Benchmark Capital here.

Read more about Sierra Ventures here.

See an Error? Contact Us

What do you think? Join the discussion...

You must be logged in to post a comment.

venture capital update google plus page Get updates on Google Plus
venture capital update on facebook Get updates on Facebook
venture capital update on twitter Follow fundings on Twitter
venture capital update on pinterest Visit our Pinterest Page

Subscribe here
TwitterCounter for @longest

Follow here

Venture Capital News


Site Information

    About: I work at Phase One Accelerators and you can find me on and at Brian Longest on LinkedIn.

    Share Us on