Ex-Blizzard Devs Raise Big Bucks

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Last September, key members of Blizzard's World of Warcraft team including team lead Mark Kern, art director William Petras, and Blizzard Korea co-founder Taewon Yun, all of whom were also involved in previous Blizzard titles, founded the MMO-focused development house Red 5 Studios. Today, the company announced that it has secured $18.5 million in investment from Benchmark Capital and Sierra Ventures--unrelated to Sierra Entertainment, owned by Blizzard parent Vivendi--during its Series A round of funding. Previously, Benchmark has invested in the successful online world Second Life.

"Historically, the winners in the gaming space have been publishers rather than independent studios. However, World of Warcraft is no ordinary game title and Red 5 is no ordinary team," said Benchmark Capital's Bill Gurley. "With the track record, talent and vision behind Red 5, it is positioned to become a unique creative powerhouse in the online games space." In addition to its founders, Red 5 employs numerous other former Blizzard developers, as well as former staffers from Myst developer Cyan, Ultima developer Origin, Oddworld series developer Oddworld Inhabitants, and elsewhere.

Red 5 has announced that it is developing a new massively multiplayer game for Webzen, which is currently also working on the upcoming MMOFPS Huxley as well as Real Time Worlds' GTA-esque MMO All Points Bulletin.

From The Chatty
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    December 12, 2006 2:32 PM

    It will have Dwarves, Elves, Mages and Warriors - but in a totally new and innovative way, and there will be no grind.... *sarcasm off*

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      December 12, 2006 2:34 PM

      Way to base your knee-jerk reaction on a lack of factual information.

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        December 12, 2006 2:48 PM

        How about he's just comparing it to every MMO out there? With the exception of Eve Online, we have a terrible curse of formulaic.

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      December 12, 2006 2:40 PM

      No Gnomes? :[

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      December 12, 2006 2:52 PM

      Its the winning formula!

      Possibly because nobody else has tried any other methods :/

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        December 12, 2006 3:04 PM

        Other stuff have been tried but with only limited success. City of Heros?

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          December 12, 2006 3:15 PM

          That had even WORSE grinding.

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