Red 5 Studios
closedDeveloper of multiplayer online games and entertainment.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
$23.0m | Series B | ||
| Total Funding | 000k | ||
Red 5 Studios is a video game development company focused on creating immersive online games with compelling stories and characters. The company primarily serves the global gaming community, aiming to bring together millions of gamers through its innovative and engaging game worlds. Red 5 Studios operates in the highly competitive online gaming market and has previously developed the game Firefall. Although Firefall's efforts were suspended in 2017, the company is currently developing a mobile version of the game, ensuring continued engagement with its dedicated player base. The business model revolves around game development and distribution, generating revenue through game sales, in-game purchases, and licensing agreements. Red 5 Studios has licensed its games to various regions, including Southeast Asia and Taiwan, to expand its market reach. The company remains committed to delivering high-quality gaming experiences and maintaining a loyal community of gamers.
Keywords: immersive games, online gaming, game development, Firefall, mobile gaming, global audience, compelling stories, character-driven, licensing agreements, player engagement.