Tech Company Financing Transactions
Red 5 Studios Funding Round
On 12/12/2006, Red 5 Studios secured $18.5 million in Series A funding from Benchmark Capital and Sierra Ventures.
Transaction Overview
Company Name
Announced On
12/12/2006
Transaction Type
Venture Equity
Amount
$18,500,000
Round
Series A
Investors
Benchmark Capital (Lead Investor) (William Gurley)
Sierra Ventures (Lead Investor) (Jeffrey Loomans)
Proceeds Purpose
Mark Kern, president and CEO of Red 5 Studios said, "With the financial backing and operational advice of Benchmark and Sierra, our uniquely talented team will have the resources to create the most exciting massively multiplayer titles for a worldwide audience."
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
65 Enterprise
Aliso Viejo, CA 92656
USA
Aliso Viejo, CA 92656
USA
Phone
Website
Email Address
Overview
Develops multiplayer online gaming software.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Kern
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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