Red 5 Studios Lands $15M More

Aliso Viejo-based videogame developer Red 5 Studios has just raised $15M in a debt funding round, according to a regulatory filing by the company. Details on the funding have not yet been announced by the company. Red 5 develops massively multiplayer, online games, and was started by the former team that developed World of Warcraft. The firm's first MMO is called FireFall, a free-to-play MMO shooter game. Red 5 Studios has previously raised equity from Benchmark Capital, Sierra Ventures, and The9 Limited. More information »