Wednesday 21 March 2012

The Hong Kong Firm Behind Those Quirky Animated News Shorts Bets $5M On Red Robot Labs

red-robot-hkThe Yakuza, Chinese Triads and more. There's just so many more mafias for Benchmark-backed mobile gaming studio Red Robot Labs to infiltrate. So the gaming company, which has made a huge bet on location, said it's partnering with Next Media to enter Asian markets. (Yes, Next Media is the Hong Kong-based owner of that Taiwanese animation subsidiary that's become infamous for its off-key and often totally bizarre news shorts on Tiger Woods and more.) Next Media is investing $5 million to build titles on the company's R2 gaming platform while Red Robot is using the deal to bring its flagship title Life is Crime to Asia. Red Robot already has more than $10 million in funding from well-known investors including Benchmark Capital, Playdom co-founder Rick Thompson, former Facebook vice president Chamath Palihapitiya and Shasta Ventures.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/UZ9wrEb2MIM/

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