Red 5 Studios acquires $18.5M in funding

Filed in archive Game News by Kevin Codamon on December 15, 2006

While we all know about Bill Roper (Diablo and Diablo 2) and his team leaving Blizzard and setting up Flagship Studios (Hellgate London), Another batch of ex Blizzard developers, led by World of Warcraft Team Lead Mark Kern, had also followed suit and established the company known as Red 5 Studios. With such AAA games as Starcraft, Diablo and World of Warcraft under their belts, i'm pretty excited with what they will come up with next.

Recently, Red5 was able to acquire $18.5M in funding while Red5 also signed a deal in January 2006 with Korean MMO developer Webzen to publish a next gen RPG. Hmmm... an unannounced MMO ? Stay tuned.

source article via Maxfreak. image screenshot via red5studios.com.

Related Entries:

World of Warcraft Patch 2.01 - Before the Storm - 07 December 2006
Blizzard's next MMO? Diablo? Starcraft? - 23 January 2007
Empire Earth III announced - 27 February 2007
What is Blizzard's next game? - 17 May 2007
BlizzCon Sells 50% of tickets in 24 Hours - 18 June 2007

« BenQ's Gaming LCDs for 20... | Main | World of Warcraft Burning... »

Permalink: Red 5 Studios acquires $18.5M in funding

Tags: blizzard diablo warcraft starcraft wow pc gaming mmo webzen sun mmorpg game studios+acquires

Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/45921

Addthis

Ask

Blinklist

del.icio.us

Digg

Fark

Facebook

Google

Lycos

Ma.gnolia

Mr Wong

Netscape

Netvousz

Newsvine

StumbleUpon

Slashdot

Tailrank

Technorati

Wink

Yahoo

Vote for Red 5 Studios acquires $18.5M in funding:

Currently 6.40/10
1
2
3
4
5
6
7
8
9
10

Rating: 6.40 out of 5 vote(s) cast.

Response from: M (12/15/06 5:14pm)

Sounds like this could be a very good thing...all-star game developers+lots of funding+mystery MMO=something intense, no doubt.

Unfortunately I'm living on something of a strained budget right now...hopefully by the time this MMO title comes out I will be out of the poorhouse. In the meantime though I'm stuck drooling over all the new consoles, and I get my FPS fix from Kuma Games (free multiplayer fps!), so I'm not completely isolated from good gaming.

Anyways, my mind wandered; what I came here to say was that I'm excited to see what Red 5 pulls out of their sleeves.

/end rant